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Christine Lagarde

Christine Lagarde is a French politician and lawyer who serves as President of the European Central Bank (ECB) since November 2019. She previously served as Managing Director of the International Monetary Fund (IMF) from 2011 to 2019, and her policy statements are closely watched by traders for their impact on eurozone monetary policy. Press conferences following ECB rate decisions, where Lagarde provides forward guidance, are among the most closely watched events on the European economic calendar.

Example

EUR/USD spiked higher after Christine Lagarde's hawkish comments at the ECB press conference signaled further rate hikes ahead.