Stocks Try to Recover, USD Still Bid Against Euro, Pound

Special report: ECB Decision: Preview and Insights

The ECB decision is due and the market will be watching with interest, as it always does. There have been a number of developments since the last meet that have many wondering if there will be any big changes to the central bank's outlook. Here’s a closer look at the event risk along with some thoughts and insights.

Next 24 hours: Stocks Try to Recover, USD Still Bid Against Euro, Pound

We had said in our ECB preview piece that with the ECB already hitting the pause button on rate hike considerations until the summer of 2019, there wasn't much room for the central bank to be making too many waves. There was some talking down of the Euro, but this was to be expected and we don’t believe this will have a lasting impact.

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