European Central Bank policy meeting this week – a “cheat sheet” (where to go for EUR/USD?)

The European Central Bank’s statement is expected Thursday at 12:15 GMT, or 8:15 a.m. US Eastern Time.

The press conference of Lagarde, president of the European Central Bank, begins half an hour later (1245/0845)

ING has published its practical guide to alternatives and adds:

• Our base case scenario is that the ECB will signal that it is ready to cut rates in June, reinforcing market expectations for monetary easing this year. For the markets, the way in which the ECB communicates on its plans beyond June will perhaps be more relevant.

This article was written by Eamonn Sheridan at www.forexlive.com.

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