High Volatility Expected Due to ECB Meeting

Dear clients,
Please note that on January 22 high market volatility is expected due to the scheduled ECB meeting. The interest rate decision will be announced at 14:45 GMT+2. ECB’s President’s press conference on monetary policy is scheduled for 15:30 GMT+2.

It is worth remembering that the SNB action caused market shock and extreme volatility that lead to significant losses among traders last week.

As a responsible partner FXOpen would like to recommend considering this information in your trading activity and handle 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 23.

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