Today, the currency pair is not so clear to analyze as there are many countries in the Eurozone that can affect the overall currency situation. In the near future, perhaps even today, we expect a Report on international economic and exchange rate policy. The source does not provide a credible time for publication and the report may be delayed for several days – the event will be marked as “Preliminary” until the report is issued. The impact on the market varies and depends mainly on which countries the report will accuse of currency manipulation.
The report provides a detailed overview of global exchange rate policies, economic conditions, and the actions of central banks and governments around the world. Most importantly, the report presents countries that the Treasury considers to be currency manipulators. Bearing in mind the description of the expected data, we can expect price fluctuations at any time. Personally, I still assume a price increase, but now with “trigger finger”