What is it? President Draghi is due to speak at the 2015 Michel Camdessus Central Banking Lecture held by the International Monetary Fund, in Washington DC.
As head of the ECB, which controls short term interest rates, he has more influence over the euro's value than any other person. Traders scrutinize his public engagements as they are often used to drop subtle clues regarding future monetary policy.
When? May 14th at 11:00am Eastern Time.
Trading Tip: If the announcement will hint towards higher interest rates, you can expect the EUR to rise.
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