Company news / High Volatility Expected Due to ECB Meeting

High Volatility Expected Due to ECB Meeting

The FXOpen Team

Dear Traders, Please note that on January 22nd high market volatility is expected due to the scheduled ECB meeting. The interest rate decision will be announced at 12:45 GMT. The ECB press conference regarding monetary policy is scheduled for 13:30 GMT. It should be recalled that last week the SNB action caused market shock and extreme volatility that lead to significant losses among traders. As a responsible partner FXOpen would like to recommend considering this information in your trading activity and to manage open positions in a responsible manner to minimize your potential risks. From our part we guarantee consistency and efficiency in providing brokerage services. We expect to resume the regular trading regime for EUR pairs on Friday January 23rd. The FXOpen UK Team

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