14.45 MSK. USA: Publication of the ECB's decision on the basic interest rate
The euro dollar forex trading forecast for EURUSD pair today 06/06/2019
Today, all attention on EURUSD forex players will be focused on the outcome of the meeting of the ECB announcement. The Central Bank will not change interest rates today, but may announce such a move. Futures on the ECB rate indicates a high probability of a rate cut on December 12. The move caused a strong decline in inflation in the Eurozone - Consumer Price Index Core is at the level of 0.8%, with the Central Bank TARGET 2%. Mario Draghi today to note the risks of a trade war and BREXIT, and point to the need to stimulate the economy in the coming months. For EUR / USD is a negative signal, but on the contrary, a positive signal for the European stock markets.
EUR / USD recommendation: Sell 1.1260 / 1.1285, and take profit 1.1190