European Central Bank policy meeting this week – a ‘cheat sheet’ (where to for EUR/USD?)

The European Central Bank statement is due on Thursday at 1215 GMT, which is 0815 US Eastern time.

European Central Bank President Lagarde’s press conference commences a half hour later (1245/0845)

ING have published their handy guide to alternatives, and add:

• Our base case is that the ECB will signal it is ready to lower rates in June, reinforcing market expectations on monetary easing this year. For markets, it may be more relevant how the ECB communicates about its plans beyond June though.

This article was written by Eamonn Sheridan at www.forexlive.com.