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ECB Interest Rate Decision

Thursday 22nd of January 2015

AxiTrader are writing to let you know about the forthcoming announcement of the key ECB interest rate decision scheduled for Thursday 22nd January at 12:45 GMT (14.45 MT4 Server Time).

Following the announcement at 13.30 GMT (15.30 MT4 Server Time), ECB President Mario Draghi has a scheduled press conference regarding the European Central Bank's policy position.

Whilst the ECB President has telegraphed the likelihood of expanding the quantitative easing program last week's surprise move by the SNB has left markets nervous.

What does this mean for you?

Markets are likely to be volatile and spreads will widen during this period, hence we recommend you take a moment to consider whether this announcement will have any effect on your trading account and take appropriate action (if any) accordingly.