EUR Minimum Bid Rate July 07, 2011

FF Notes : The rate decision is often priced in the market so it tends to be overshadowed by the ECB Press Conference held 45 minutes later.

Why Traders Care : Short term interest rates are the paramount factor in currency valuation – traders look at most other indicators merely to predict how rates will change in the future.

EUR Minimum Bid Rate July 07, 2011

EUR Minimum Bid Rate July 07, 2011

Also Called : Interest Rates, Refi Rate, Repo Rate.

Source : European Central Bank (latest release).

 

Information by Forex Factory