Description | Due to speak at the Bank of Israel, in Jerusalem; |
Source | European Central Bank (latest release) |
Speaker | ECB President Mario Draghi; |
Usual Effect | More hawkish than expected = Good for currency; |
FF Notes | ECB President Nov 2011 - Nov 2019. Volatility is often experienced during his speeches as traders attempt to decipher interest rate clues; |
Why Traders Care | As head of the ECB, which controls short term interest rates, he has more influence over the euro's value than any other person. Traders scrutinize his public engagements as they are often used to drop subtle clues regarding future monetary policy; |
Acro Expand | European Central Bank (ECB); | |
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