ECB Leaves the Main Refinancing Rate Unchanged – Any move in Euro?

Posted Thursday, October 25, 2018 by
Arslan Butt • 1 min read

Fellas, the European Central Bank just left its interest rates unchanged at 0.00% as expected. As discussed earlier in the morning brief, the market hasn’t moved much. The EUR/USD is standing still at $1.1405 with an immediate resistance at $1.1420 and support near $1.1390. Let’s wait for the breakout.

Heads Up: ECB Press Conference is due in 45 mins. We may see some movement in the Euro pairs!

Check out our free forex signals
Follow the top economic events on FX Leaders economic calendar
Trade better, discover more Forex Trading Strategies
Related Articles
The USD is looking softer today after the unemployment claims showed a jump to the highest since October 2021 last week
10 hours ago
USD/CAD continues to slide lower, although it stalled to the bottom of the range earlier, after the dive on the 25 bps hike by the BOC
1 day ago
0 0 vote
Article Rating
Notify of
Inline Feedbacks
View all comments