What is it? It checks the change in interest rate on the main refinancing operations that provide the bulk of liquidity to the banking system.
Short term interest rates are the paramount factor in currency valuation - traders look at most other indicators merely to predict how rates will change in the future.
When? November 6th at 7:45am Eastern Time.
Trading Tip: If the number is higher than the forecast, you can expect the EUR to rise.
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