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CFDs are leveraged products. CFD trading may not be suitable for everyone and can result in losses that exceed your deposits, so please ensure that you fully understand the risks involved. CFDs are leveraged products. CFD trading may not be suitable for everyone and can result in losses that exceed your deposits, so please ensure that you fully understand the risks involved.

Sentiment study with Monte: the ECB and EUR/USD trading

In this second episode of Sentiment study with Monte, we explore EUR/USD traders' strategies and sentiment leading up to the ECB policy decision. Get insights from retail sentiment and CoT speculator data on the EUR/USD chart.

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(Video summary)

ECB on rates

Technicals and sentiment usually mean little when going into a fundamental event like this Thursday’s European Central Bank (ECB) policy announcement and more so when it’s a coin toss on whether they’ll hike or pause.

EUR/USD

But we’ll take a look at how traders got to where they are and what their trading methodology has been, mapping both retail sentiment and CoT speculators onto EUR/USD’s price chart.

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