What is it? ECB President Draghi is due to speak at the official unveiling of the 20 euro banknote organized by the European Central Bank, in Frankfurt.
As head of the ECB, which controls short term interest rates, he has more influence over the euro's value than any other person. Traders scrutinize his public engagements as they are often used to drop subtle clues regarding future monetary policy.
When? February 24th at 9:00am Eastern Time.
Trading Tip: If the announcement will hint towards higher interest rates, you can expect the EUR to rise.
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