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October 28, 2020 in 11:15

ECB INTEREST RATE: WHAT TO NOTE?

Dear clients,

On Thursday, October 29 the ECB Interest Rate Decision is to be released. The main Bank's goal is to support the national currency and stimulate economic growth. This event impacts on the global financial markets and makes fluctuate the volatility strongly.

Check out the trading forecast of FreshForex analyst:

Deflation in the eurozone is forcing the ECB to increase the volume of bond purchases, which will have a positive impact on European stock indices. Consider buying #DAX30, #CAC40.

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ECB INTEREST RATE: WHAT TO NOTE?