📊 ECB Policy Signals: What Matters More Than the Rate Decision The ECB can keep rates unchanged and EUR/USD can still move hard. The real market signal is usually in forward guidance and yield spreads, not the headline decision. What’s “live” right now 🟦 The ECB deposit facility rate is 2.00%. 🗓️ The next ECB monetary policy meeting is 18-19 March 2026. 🛢️ The Iran-linked turbulence has pushed oil higher again (Brent around $83, WTI around $77), keeping Europe’s inflation risk bid. 3 signals to watch during the press conference 🗣️ Forward guidance: any shift from “data-dependent” to a more cautious tone on energy-driven inflation can reprice the whole curve. 📈 EUR/USD via yield spreads: if US yields stay firmer (US 10Y around 4.08%) while eurozone yields lag, the dollar advantage can dominate even without an ECB move. 🔁 Fading first moves: the first EUR/USD spike often fades once traders digest the Q&A - watch the second move, not the first headline reaction. Trading takeaway In this environment, the ECB message about how long policy stays restrictive matters more than the rate itself - especially while geopolitics keeps energy prices and inflation expectations unstable. ⚠️📉📈 🚀 Open an account and trade the market reaction: https://my.nordfx.com/en/regis...