Forex Signal (Thu June 9 2011, 7:45am NY Time EST) – EU ECB Interest Rate – Today, 04:51 PM

ECB (European Central Bank) will be rendering its rate decision today, and it will have a pivotal short term impact in the Euro dollar. However, it is widely believed that ECB will keep rate unchanged at 1.25%… Here’s the forecast: 7:45am (NY Time) EU ECB Rate Decision Forecast 1.25% Previous 1.25% ACTION: EUR/USD BUY 1.50% The Trade Plan ECB rate decision comes in two part, the first one … [Read more...]