The European Central Bank will publish its monetary policy statement and announce the official rate on July 25, at 14:45 MT time.
Tag - eur
EUR/USD met resistance at 1.1280 last week: the euro made 3 unsuccessful attempts to break higher.
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The USD is back in demand…
The main question for this week is whether the ECB will stick to its dovish tone. In addition, wait for the important releases for the EUR and the USD.
EUR/CHF broke below 1.1150 - the lower border of the sideways range within which it has been trading since the middle of 2018.
What market drivers are we waiting for?
Traders await the meeting of the ECB later this week…
EUR/JPY broke the support line connecting June lows and thus resumed the downtrend which has been in place since the start of 2018.
EUR/AUD is currently testing the support line from the start of 2017.
Will Friday be more optimistic for the USD?
The USD has weakened on comments from the Fed members…