The European Common Currency traded sideways against the US Dollar, following the ECB Monetary Policy Statement release on Thursday at 11:45 GMT. The EUR/USD exchange currency rate lost 3 pips or 0.02% right after the release. The Euro continued trading at the 1.1126 level against the Greenback.
The European Central Bank released the Main Refinancing Rate data, which came out in line with the expectations of 0.00%.
The EU policymakers decide to keep their ultra-easy monetary policy unchanged, as the economic growth weakened, and the future outlook became less positive.
| Date | 10.04.19 | 06.05.19 | 27.07.19 | 12.09.19 | 24.10.19 |
|---|---|---|---|---|---|
| Actual | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Forecast | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Pair | Open | Close | Change |
|---|---|---|---|
| EUR/CHF | 1.10222 | 1.10202 | -0.02% |
| EUR/GBP | 0.86303 | 0.86284 | -0.02% |
| EUR/JPY | 120.92400 | 120.885 | -0.03% |
| EUR/USD | 1.11285 | 1.11274 | -0.01% |
| Pair | Longs | Shorts |
|---|---|---|
| EUR/CHF | 66.2% | 33.8% |
| EUR/GBP | 43.7% | 56.3% |
| EUR/JPY | 54.8% | 45.2% |
| EUR/USD | 26.9% | 73.1% |
| GMT | Currency | Event | Forecast | Previous |
|---|---|---|---|---|
| 12:15 | USD | ADP Non-Farm Employment Change | - | 135K |
| 14:00 | CAD | Overnight Rate | 1.75% | 1.75% |
| 18:00 | USD | Federal Funds Rate | <2.00% | <2.00% |