Due to the recent crisis on CHF pairs last week that resulted in the liquidation of several brokers and also huge losses suffered by retail traders around the globe, we strongly advise our clients to stay out of all Euro pairs tomorrow.
The Euro Central Bank will be releasing their Minimum Bid Rate and also having their Press Conference tomorrow which might cause drastic volatility in the market. Stimulus is expected from the ECB and also we will be having the Greek elections on Friday.
This is to ensure the safety and protection of our clients funds as there might be a big surprise from the ECB to stabilize the currency. However, trading can commence on the Euro pairs few minutes after the release of the news when normalcy of liquidity has returned to the market. The news is scheduled to be released at 14:30 GMT.