American Retail Sales and Core Retail Sales may boost the USD.
Tag - eur
The GBP traders await the outcome of the election, while the euro may follow the words of the new ECB president Christine Lagarde. Read more!
British General Elections, meetings of the ECB and SNB will drive markets today.
The Federal Reserve meeting is today at 21:00 MT time. Analysts widely expect the Fed to keep rates on hold at the 1.5%-2% range
The day will be highlighted by American economic releases.
EUR is falling against the GBP, rising against the USD but not for long
British trade balance data and German ZEW Economic Sentiment Index may drive GBP and EUR accordingly today.
The upside of EUR/CHF has so far been limited by 1.0975. On Monday, the pair slipped below 1.0940 resuming the decline that started last week.
The ECB will announce the main refinancing rate at 14:45 and give a press conference at 15:30 MT time on December 12.
The UK Parliament election, American and European interest rates announcements and monetary policy press conferences - all of these are going to take place this week.
Take a look at the technical set-ups of EUR/USD, NZD/USD, USD/CAD, and USD/CHF.
Black Friday for the currency market: the Non-Farm Payrolls are out!