Company news / High Volatility Expected Due to ECB Meeting

High Volatility Expected Due to ECB Meeting

The FXOpen UK 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

Latest from Company news

Important Updates for MT4 and MT5 Trading Hours Schedule for 2023 Thanksgiving Day Setting FXOpen Servers To Winter Time Trading Hours Schedule for the Chung Yeung Festival Trading Hours Schedule for China's Public Holiday

Related articles

Company news

Important Updates for MT4 and MT5

FXOpen would like to inform you of some significant updates to the MetaTrader4 (MT4) and MetaTrader5 (MT5) platforms. Starting from December 1, 2023, the following will be the minimum required versions for the trading platforms: MetaTrader 4 build 1380, released

Company news

Trading Hours Schedule for 2023 Thanksgiving Day

Dear Traders, Please be aware of the trading schedule changes for the 2023 Thanksgiving Day, November 23-24 (times given are GMT+2): Thursday, November 23Metal CFDs: XAUUSD (GOLD vs. US dollar) — trading ends at 21:30;XAGUSD (SILVER vs. US

Company news

Setting FXOpen Servers To Winter Time

Dear Traders, Please note that on November 5, 2023, FXOpen will set its trading servers to winter time, i.e., from GMT+3 to GMT+2. The changes are to come into effect at the time of market opening on

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 60% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.