EURUSD - Trading the ECB Interest Rate Decision

The European Central Bank is widely expected to lower the benchmark interest rate by 50bp to 2.75% as price pressures cool. Falling commodity prices have certainly helped to eliminate the upside risks for inflation, and should allow the central bank to ease policy further as they carry out their one and only mandate to ensure price stability.

Trading the News: European Central Bank Rate Decision

What’s Expected

Time of release: 14/12/2008 T

Primary Pair Impact : EURUSD

Expected: 2.75%

Previous: 3.25%
Impact of the ECB rate decision on EURUSD over the last 3 months