Based on the last 12 ECB Interest Rate Decision events in Euro Area, we expect CC to trend downwards later today. Based on these past events there is a 72.73% chance of this. We expect CC to trend downwards 2 hours following the event release at 14 Apr 11:45 if the released value is = 0%. A price movement of 1,950 pips is expected.

Historical events that allowed us to draw this conclusion

16 Dec 12:45

28 Oct 11:45

09 Sep 11:45

10 Jun 11:45

22 Apr 11:45

11 Mar 12:45

10 Dec 12:45

29 Oct 12:45