Events · ECB
ECB Rate Decision, explained.
The ECB's decision on its key interest rates for the euro area (the deposit facility rate is the main one now) and any changes to its balance sheet.
Why it moves markets
It's the biggest driver of the euro. Markets react to the decision, the new staff projections (four times a year) and what the President says about future moves.
Who publishes it, and when
European Central Bank Governing Council. About every six weeks. Decision at 2:15pm CET, press conference at 2:45pm CET.
Pairs that often react
EUR/USDEUR/GBPEUR/JPYEUR/CHF
Pairs that include the currency involved usually react most. How much and in which direction depends on the surprise against expectations and on everything else going on. This isn't a prediction.
Educational only. Not advice and not a signal. Spreads often widen and prices can gap around big releases.