Forex Trading Signals by Magister Pips, 2012/02/09
0745 ECB Interest Rate Decision - (1.0% expected, 1.00% prior, 0.75% to 1.00% range)
Out of the 57 analyst's polled by Bloomberg, only 2 expect expect a cut. If the ECB cuts the Eurusd
and all Euro based forex pairs should drop. It is unlikely they will hike.
If they cut 25 basis points to 0.75%, EURUSD should sell off 40-70 pips
Try our Forex Trading Signals via Email
Did you know that you can subscribe to our Free Forex Daily Trading Email Signals? You can subscribe from the front page. We also recommend to try our Live Forex Room where we provide Live Forex Signals and Live Futures Signals.
Go back to Forex Trading Signals main page