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Forecast: The ECB will announce the completion of the QE program today

Today, the ECB is likely to announce the completion of the program of pumping markets with liquidity.

This is a big turn for the ECB policy: the "quantitative easing" program has been going on for 3.5 years, and the inflows into the markets amounted to a huge amount of 2.5 trillion euros.

This turn of policy will open for the ECB the way to a gradual increase in interest rates - that is, the return of normal policies for the central bank.

The market is preparing to meet the ECB's decision with a noticeable growth of the euro.

The decision of the ECB will be released at 11:45 AM London time. Press conference of the head of the ECB at 12:30 PM London time.

Exchange Rates 15.06.2018 analysis

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

Performed by Dean Leo,
Analytical expert
InstaForex Group © 2007-2018
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