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Don’t waste your time – keep track of how NFP affects the US dollar!
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Personal areaThe European Central Bank will make its policy statement on July 22 at 14:45 MT (GMT+3). The bank is expected to update its strategy and share its forecast for inflation. The ECB’s new strategy may allow inflation to overrun the 2% goal when interest rates are at record lows. If it is the case, it will signal that the central bank won’t tighten the policy earlier than expected, which will limit the upside potential for the euro.
Instruments to trade: EUR/USD, EUR/JPY, EUR/GBP