The European Common Currency appreciated against the US Dollar, following the EU Monetary Policy Statement data release on Thursday at 11:45 GMT. The EUR/USD exchange currency rate gained 40 pips or 0.36% right after the release. The Euro continued trading at the 1.1260 level against the Greenback.
The European Central Bank released the ECB Main Refinancing Rate data, which came out in line with expectations of 0.00%.
The EU policymakers decide to maintain the interest rates on the marginal lending facility and deposit facility unchanged at 0.00%, 0.25% and –0.40% respectively. The decision was driven by trade tensions and fears of the global recession.
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| Date | 13.12.18 | 24.01.19 | 07.03.19 | 10.04.19 | 06.05.19 |
|---|---|---|---|---|---|
| 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 | 1.11781 | 1.11763 | -0.02% |
| EUR/GBP | 0.88468 | 0.88503 | 0.04% |
| EUR/JPY | 121.50200 | 121.574 | 0.06% |
| EUR/USD | 1.12258 | 1.12351 | 0.08% |
| Pair | Longs | Shorts |
|---|---|---|
| EUR/CHF | 72.1% | 27.9% |
| EUR/GBP | 27.4% | 72.6% |
| EUR/JPY | 69.2% | 30.8% |
| EUR/USD | 72.4% | 27.6% |
| GMT | Currency | Event | Forecast | Previous |
|---|---|---|---|---|
| 12:30 | CAD | Employment Change | 8.0K | 106.5K |
| 12:30 | USD | Average Hourly Earnings m/m | 0.3% | 0.2% |
| 12:30 | USD | Non-Farm Employment Change | 180K | 263K |