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Thursday 22nd of January 2015

Following the latest decision taken by the SNB, a period of extreme volatility was unleashed in the Forex markets. Therefore, we would like to remind you that today, the 22nd of January 2015, the ECB Interest Rate Decision will be released at 12:45 GMT after which a Monetary policy statement and a press conference will take place at 13:30 GMT.

The above news releases are very likely to have a massive impact on the market volatility, causing a spread widening, potential spikes or market gaps, all of which may affect your investment.

While FXCC does not provide trading advice, FXCC strongly recommend that you review your open positions and take every step possible to protect your account from stop out liquidation or from going into a negative balance, due to the tremendous price volatility which may occur.