Don’t waste your time – keep track of how NFP affects the US dollar!
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Personal areaECB will report its Monetary Policy statement at 14:45 MT (GMT+3) on Thursday, October 28.
It's the primary tool the ECB members use to communicate with investors about monetary policy. It contains the outcome of their decision on interest rates and commentary about the economic conditions that influenced their decision. Most importantly, it discusses the economic outlook and offers clues on the outcome of future decisions.
Last time the ECB announced that the monetary policy will not be changed and EUR/JPY dropped by 0.5%.
Instruments to trade: EUR/USD, EUR/JPY, EURGBP.
