EUR/USD: EU Main Refinancing Rate

Note: This section contains information in English only.
Source: Dukascopy Bank SA

The European Single Currency appreciated against the US Dollar, following the EU Main Refinancing Rate release on Thursday at 12:44 GMT. The EUR/USD exchange currency rate gained 11 pips or 0.10% during a minute, right after the release. The European Single Currency continue trading at the 1.1340 area against the US Dollar.

The European Central Bank released the EU Main Refinancing Rate data in line with expectations of 0.00%.

"The risks surrounding the euro area growth outlook have moved to the downside on account of the persistence of uncertainties," Draghi told a news conference, citing trade and geopolitical threats and emerging market volatility. "The near-term growth momentum is likely to be weaker than previously expected."

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Historical Data Table: Main Refinancing Rate  Economic Calendar for 30.01.2019
           
Date 26.07.2018 13.09.2018 25.10.2018 13.12.2018 24.01.2019 13:15 PM US ADP Non-Farm Employment Change
Actual 0.00% 0.00% 0.00% 0.00% 0.00% 15:30 PM US Crude Oil Inventories
Forecast 0.00% 0.00% 0.00% 0.00% 0.00% 19:00 PM US Federal Funds Rate
           
Initial Reaction on Main Pairs Open Position Proportions on 24.01.2019
           
  Open Price Close Price % Change   Longs Shorts
EUR/USD 1.1347 1.13488 0.02% EUR/USD 44.93% 55.07%
EUR/GBP 0.87092 0.87077 -0.02% EUR/GBP 68.41% 31.59%
EUR/CHF 1.1288 1.12945 0.06% EUR/CHF 66.72% 33.28%
EUR/JPY 124.519 124.537 0.01% EUR/JPY 55.16% 44.84%

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