Let’s have a look at the economic calendar.
EUR/USD: forecast for Sep. 18-22
The euro remains fundamentally strong. However, in the upcoming days market players will focus on the US dollar’s side of things. Traders will likely be cautious ahead of the Federal Reserve’s meeting on Wednesday. This event may set the trend for the next couple of months. If the Fed expresses concerns about the US economic outlook because of the devastating hurricanes and low wage growth, EUR/USD will once again fly sky-high. On the contrary, comments about the approaching rate hikes will send the pair down.