empty
 
 
ECB to keep QE at current level
loader

Economists expect the ECB to postpone changes in its quantitative easing program. The member of the ECB's Executive Board, Sabine Lautenschlager, holds the same view on this issue. Mario Draghi stressed in his speech that the European Central Bank has a plan to continue monitoring the decrease in the inflation rate watching for any signs of deflation with the quantitative easing program as the major instrument to boost consumer prices.
The inflation rate in the eurozone hit 0.3% and the GDP in the third quarter came in at 0.8%.
The statement of ECB President Mario Draghi had a considerable impact on the forex market. Shortly after his speech, the single European currency jumped against the US dollar.
The EUR/USD pair is currently trading several pips below a high of 1.1386, which was reached last Friday. The next resistance level is seen at 1.1400. The pair is expected to test the long-term resistance at the level of 1.1460 with support found at the levels of 1.1340/50 and 1.1290.
The euro is partially fixing profits in the terms of a very thin marker. Market participants are awaiting speeches of Governor of the Bank of Canada Stephen Poloz and the Fed's officials, which are scheduled for today. Their comments are likely to trigger sharp fluctuations in the market.

Kalender dan ulasan
Pilihan editor
Ridge of skyscrapers which have changed the horizon line forever and multilevel highways - all this is Dubai, administrative and commercial center of the United Arab Emirates. In this multicultural metropolis the aspiration to permanent modernization and high technology desire coexist peacefully with religiosity and traditional way of life. InstaForex Company venerates traditions as well. Special for Islam adherents there were established swap free accounts.
Furthermore, Dubai is the world's biggest gold trade center. The famous golden bazaar numbers over 1000 gold stores. Jewelry is tax free, so gold purchase is a very beneficial cash injection. The "Golden city" with its centuries-long history is a financial hub of universal importance and a place for high-grade business appointments.
Elena Avramova, Partner Relations Manager at International Association of Forex Traders: "Selection criteria for partners and prospects of cooperation with InstaForex" (ShowFx World Exhibition in Moscow)
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    GABUNG KONTES
  • Chancy Deposit
    Isi akun Anda sebesar $3000 dan dapatkan $1000 lebih banyak!
    Pada April kami mengundi $1000 dalam promo Chancy Deposit!
    Dapatkan kesempatan untuk menang dengan melakukan deposit sebesar $3000 pada akun trading Anda. Setelah memenuhi persyaratan ini, Anda telah menjadi partisipan promo.
    GABUNG KONTES
  • Trade Wise, Win Device
    Top up akun anda dengan dana minimal $500, daftar kontes, dan dapatkan peluang untuk memenangkan perangkat seluler.
    GABUNG KONTES
  • 30% Bonus
    Raih bonus 30% setiap kali anda top up
    DAPATKAN BONUS
Tidak bisa bicara sekarang?
Tanyakan pertanyaan anda lewat chat.
Widget callback