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23.01.202015:28 Forex Analysis & Reviews: EURUSD for 01/23/2020. The ECB left rates unchanged but announced the beginning of a policy review

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The ECB left the base rate at 0%; the deposit rate for banks - minus 0.5%.

The ECB left the purchase of assets from the market at 20 billion euros a month.

However, the ECB has announced that it is beginning to review its monetary policy strategy.

The ECB is going to leave rates unchanged until inflation hits the ECB's target, slightly below 2%.

Before the revision of rates, the ECB will stop the repurchase of assets.

EURUSD: We buy from 1.1120.

We sell from 1.1070.

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