ECB press conference - Draghi speech - Live

Mario Draghi, President of the ECB, is scheduled to deliver his remarks on the bank's monetary policy decision in a press conference at 13:30 GMT.

Key notes

EUR/JPY flirting with lows, around 135.00 mark ahead of Draghi.

The EUR/JPY cross held on to a mildly weaker tone for the third consecutive session and had a rather muted reaction to the ECB announcement.

EUR/USD around 1.2400 post-ECB.

The single currency keeps the negative tone after the European Central Bank left its monetary policy intact at today’s meeting, with EUR/USD around the 1.2400 area, close to daily lows.

ECB's press conference

Following the ECB´s economic policy decision, the ECB President gives a press conference regarding monetary policy. His comments may influence the volatility of EUR and determine a short-term positive or negative trend. His hawkish view is considered as positive, or bullish for the EUR, whereas his dovish view is considered as negative, or bearish.