The European Central Bank 10 monthly interest rate resolution is 0.05%, the expected rate is 0.05%, and the previous value is 0.05%.

If you don't know, you can look at the financial calendar. It is difficult for Baidu to get the results in time.

Global foreign exchange-> calendar of finance and economics

Indicator name: European Central Bank announces interest rate resolution

Next release time: 2014-11-0619: 45.

Data Publisher: European Central Bank

Publishing rules: every month

Data influence

Data > expectation = favorable euro

Data interpretation

The European Central Bank sets the benchmark interest rate-refinancing rate every month to achieve the goal of stabilizing prices. The refinancing rate is the interest rate of commercial banks' loans from the central bank. This is a tool for the central bank to implement monetary policy, which is used to affect the liquidity of the interbank market and the loan interest rate, and then affect the deposit and loan interest rate of commercial banks to the public.

Pay attention to the reason

Short-term interest rate is the most important parameter of exchange rate fluctuation-traders pay attention to other economic data mostly to predict future interest rate changes. However, the market usually bets on the outcome of interest rate decision in advance.