Coming up: ECB interest rate decision and statement

ECB decision out shortly at 12.45 GMTPress conference to follow at 13.30 GMT
Previews in our Must Read section to the right.
No change in rates expected but we may, as always expect an initial algo headline-led reaction to the statement if any deviation from previous so be ready with your entry/exit levels from whichever side you want to play.

Placing limit orders in advance can often be useful given the occasional speed of moves and subsequent reversals, although equally it can be prudent to wait and manually trigger executions once you’ve sized up the data in its entirety and gauged the price action.
Large option interest in play today/tomorrow and should help contain range.

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