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FreshForex

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Established in 2004, FreshForex has built a reputation for exceptional trading conditions and client-oriented service. Traders enjoy lightning-fast order execution, averaging 0.05 seconds, thanks to advanced Smart Bridge Technology. FreshForex provides floating spreads from 0 pips and guarantees zero requotes, ensuring precision trading. Clients can choose from various account types, including ECN and Cent accounts, suitable for any trading style and budget. The broker offers leverage up to 1:1000, enabling traders to maximize market opportunities even with small investments. FreshForex supports MT4 and MT5 platforms and provides analytical insights on key markets, including gold and crypto.

News FreshForex

March 11, 2020 in 11:15

ECB VS CORONAVIRUS. DEPOSIT RATE DECISION

Dear clients,

The European Central Bank is a global financial institution that regulates the entire Eurozone credit and financial policy. For this reason, the ECB Interest Rate Decision causes high volatility in the financial markets.

The publication of the ECB Interest Rate Decision will be held on March 12 at 12:45 GMT. Leading FreshForex analyst tells what to expect from the ECB decision:

"The ECB may announce a reduction in the deposit rate by 0.1%, since the coronavirus COVID-19 is spreading rapidly in the Eurozone. Lower rates will negatively affect the value of the euro. On Thursday, it is preferable to open Sell positions on EURUSD, EURGBP, EURAUD"

And here are three ways to stay afloat during strong volatility.