The euro has stabilized in anticipation of the decision on European interest rates and Mario Draghi's comments



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Dubai – Bbadam Rashed – The euro was traded Thursday against a basket of currencies Investors are planning to build new positions in anticipation of the ECB's monetary policy meeting, interest rates should remain unchanged and Mario's comments Draghi, the governor of the bank, will show obvious signs of monetary stimulus and normalization of monetary policy.

The EURUSD is trading at 8:05 GMT around $ 1,1725 from the opening price of $ 1,1727 after recording the highest of $ 1,1743 and the lowest of 1 , $ 1721.

The euro closed yesterday up 0.4% against the US dollar, its first gain in three days, after a successful White House meeting between US President Donald Trump and the President of the United States. European Commission Jean-Claude Juncker.

Donald Trump agreed not to charge for cars manufactured by the EU, and both parties launched commissions to reduce trade barriers, easing fears of a transatlantic trade war.

The results of the monetary policy meeting of the European Central Bank are currently focused on monetary policy, but the meeting is expected to provide tangible evidence on the future of monetary stimulus and the beginning of the normalization of monetary policy. Monetary Policy.

The European interest rate will be released at 11:45 GMT and ECB President Mario Draghi will speak before 12:30 GMT

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