What is it? President Draghi is due to testify on monetary policy before the European Parliament's Economic and Monetary Affairs Committee, in Brussels.
As head of the European Central Bank, 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? June 15th at 9:00am Eastern Time.
Trading Tip: If the announcement will hint towards higher interest rates, you can expect the EUR to rise.
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