Trading the European Central Bank Interest Rate Decision

From dailyfx.com

Forex traders may show a fairly muted reaction to the European Central Bank (ECB) interest rate decision as the board keeps borrowing costs on hold, but the press conference with President Mario Draghi may instill a bearish outlook for the Euro should the central bank head show a greater willingness to ease monetary policy further. After introducing the Outright Monetary Transactions program, the International Monetary Fund argued that the Governing Council has ‘ample justification’ to push the benchmark interest rate to a fresh record-low, and we may see a growing number of ECB officials call for additional ... (full story)