Did you know Darwinex uses the EURUSD as a reference in its calculating the D-Leverage?
But, when the ECB meets to decide on the Interest Rate for the Eurozone, this can change.
Unlike other central banks, the ECB is responsible for setting the monetary policy of 19 countries. The 19 member countries’ Central Banks are shareholders of the ECB.
Rates were last changed back in June 2016. The ECB has been pretty predictable in keeping rates at 0.00% since then, which has meant minimal spikes in volatility.
Interest Rate Decisions always carry the potential for colossal volatility spikes and should be considered a hazardous time to trade.
Do you trade central bank interest rate decisions?
If you plan to trade the ECB Interest Rate Decision, Tweet us how you plan to tackle the volatility storm should it surface!
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Content Disclaimer: The contents of this video (and all other videos by the presenter) are for educational purposes only, and are not to be construed as financial and/or investment advice.