FBS warns about high volatility risks
FBS is bound to draw your attention to the European Central Bank’s meeting on Thursday, January 22, which is expected to cause extreme levels of Forex market volatility. The ECB is to announce its Minimum Bid Rate decision at 12:45 GMT and will likely comment on the Quantitative Easing Programme at the press conference which starts at 13:30 GMT. During this time spreads can significantly widen, so please be aware of the risks associated with the events mentioned above while you are planning your trades. We encourage you to make sure that you have taken the necessary precautions and have enough cover. We also wish you good luck and successful trading.
