ECB announces policy rate, President Lagarde holds press conference

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Summary · why it matters

On July 23, the European Central Bank will announce its policy rate. The announcement is scheduled for 21:15 Japan time, followed by a press conference with ECB President Lagarde at 21:45. Other economic indicators such as US initial jobless claims and eurozone consumer confidence will also be released on the same day, along with policy rate decisions from the central banks of Turkey and South Africa. Additionally, earnings reports from major domestic and international companies including Intel, Blackstone, and SAP are expected.

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💱Euro/US Dollar FX Spot Rate
EURUSD
± MixedMonetaryrelevance

ECB policy rate announcement and press conference directly affect EUR/USD; direction depends on rate decision and Lagarde's tone.

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