Today may be key for those looking to buy or sell Euros as we have the interest rate decisions for the Bank of England and the European Central Bank shortly followed by a press conference from Mario Draghi (Head of the European Central Bank) which will detail how the ECB plans to battle their current economic crisis.

Expectations are for a rate cut for the Euro Zone which has more than likely already been priced in to the market, the press conference is the one that could easily lead to quite a volatile hour or so for the Euro and indeed many of the majors.

Personally i would expect some wishy washy answers and for us to not know much more in a few hours than we do now but be prepared for soem action!