14.30 MSK. Eurozone: The publication of the ECB's decision on the basic interest rate.
EURUSD forecast for today 24/10/2019
The main event of the day will be the ECB meeting. Any changes in monetary policy should not be expected, since it was announced about the easing of monetary policy at the September meeting. This meeting will be the last for Mario Draghi, who in a few days to resign. What can finally say M. Draghi? Probably it will mark the seriousness of the problem of deflation, and the need to use unconventional measures to address this issue. How the market will react to it? Most likely, we will have a neutral reaction, because now investors are more focused on the upcoming meeting of the Federal Reserve, which is scheduled for 30 October. Euro today demonstrate sideways and European stock indexes # DAX30 # CAC40.
EURUSD recommendation: flat 1.1100 -1.1180