With the introduction of the new interest rate revision by the ECB in 2016, market prices fell. News central bank releases and meetings for trading in small areas. It was a planned and forced step after a two-year study of the currency price, especially as the Libor had to be eliminated. Central banks have migrated inward to understand their interest rates and economies in relation to the price of money.
The new method was deliberately introduced to contain and fully control currency prices in small daily ranges, as currency prices were traded between 2 and 300 pips days before 2016. There was too much movement for the central bank currencies as written in their own words.
After the introduction of the new procedures by the ECB, all central banks followed suit. The result today is that we …
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