Thursday EUR 8:30 ECB

Specs© Forex Factory

Description Due to deliver opening remarks at the European Systemic Risk Board annual conference, in Frankfurt;

Source European Central Bank (latest release)

Speaker ECB President Mario Draghi;

Usual Effect More hawkish than expected is good for currency;

FF Notes ECB President Nov 2011 - Nov 2019. Volatility is often experienced during his speeches as traders attempt to decipher interest rate clues;

Why Traders Care As head of the ECB, which controls short term interest rates, he has more influence over the euro's value than any other person. Traders scrutinize his public engagements as they are often used to drop subtle clues regarding future monetary policy;

Acro Expand European Central Bank (ECB);