ECB President Draghi Speaks (EUR) – 16/03

 

What is it? President Draghi is due to speak at the SZ Finance Day 2015 "The Future of the Finance Industry - Between Growth and Regulation" summit, 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? March 16th at 2:45pm Eastern Time.

Trading Tip: If the announcement will hint towards higher interest rates, you can expect the EUR to rise.

 

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