EURUSD Pair Technical Analysis -ECB Interest Rate Unchanged

The ECB Press Conference Highlights.

  • Leaves interest rates unchanged.
  •  Inflation rates have declined further, as anticipated, and fell below 2% in February.
  •  Inflationary pressures should remain contained.
  • About €200 billion have now been repaid back by banks from €500 billion borrowed between mid-December 2011 and early March 2012,
  •  ECB foresee average annual real GDP growth in a range between -0.9% and -0.1% in 2013 and between 0.0% and 2.0% in 2014.

EURUSD Technical Analysis.

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