The European Common Currency traded sideways against the US Dollar, following the EU Monetary Policy Statement release on Thursday at 12:45 GMT. The EUR/USD exchange currency rate lost 2 pips or 0.02% right after the release. The Euro continued trading at the 1.1135 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%.
According to the official release: "The Governing Council intends to continue reinvesting, in full, the principal payments from maturing securities purchased under the APP for an extended period of time past the date when it starts raising the key ECB interest rates, and in any case for as long as necessary to maintain favourable liquidity conditions and an ample degree of monetary accommodation."
| Date | 19.06.19 | 31.07.19 | 18.09.19 | 30.10.19 | 11.12.19 |
|---|---|---|---|---|---|
| Actual | 2.5% | 2.25% | 2.00% | 1.75% | 1.75% |
| Forecast | 2.5% | 2.25% | 2.00% | 1.75% | 1.75% |
| Pair | Open | Close | Change |
|---|---|---|---|
| AUD/USD | 0.6866 | 0.68621 | -0.06% |
| EUR/USD | 1.10987 | 1.10935 | -0.05% |
| NZD/USD | 0.65735 | 0.65683 | -0.08% |
| USD/JPY | 108.699 | 108.734 | 0.03% |
| Pair | Longs | Shorts |
|---|---|---|
| AUD/USD | 69.1% | 30.9% |
| EUR/USD | 26.3% | 73.7% |
| NZD/USD | 42.9% | 57.1% |
| USD/JPY | 30.4% | 69.6% |
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