While yesterday the Euro took a hit after ECB President Mario Draghi alluded to possible future cuts and reintroduction of QE, markets may look past them as their attention turns to the FOMC.
EURUSD may fall if German ZEW data underperforms and commentary from ECB officials continues to underscore a need to introduce more Eurozone stimulus.
EURUSD will be watching tomorrows meeting in Portugal where ECB officials – along with BoE Governor Mark Carney – will be discussing whether the Eurozone needs more stimulus.
The Euro and US Dollar will be closely watching major cross-Atlantic event risk as ECB President Mario Draghi prepares to speak in Germany while the US Dollar braces for local CPI data.
EURUSD overnight implied volatility soars to its highest level in 6 months as forex traders prepare for a possible jolt to the Euro from Thursday's ECB rate review.
USDNOK and USDSEK are both experiencing retreats at an alarming rate, potentially opening the door to a short-term break in critical support areas.
The Swedish Krona and Norwegian Krone will likely experience higher-than-usual volatility ahead of the ECB rate decision and critical European and US data.
The initial May Eurozone inflation report us due on Tuesday, June 4 at 09:00 GMT.
EURUSD overnight implied volatility jumped to its highest level in over a month as forex traders gear up for potentially sharp reactions to the latest ECB meeting and Fed minutes expected tomorrow.
The US Dollar may regain ground versus ASEAN currencies if rising concerns about a recession fuel demand for safe havens. Markets eyeing US economic data, Brexit and ECB commentary.
After being battered by the ECB, EUR/USD will be watching todays release of German industrial production and US retail sales data.
Euro traders will be watching tomorrows release of German factory orders as the region slows down and the ECB held rates and cut growth forecasts
EUR/USD faces June 2017 lows after sinking through key support levels after dismal ECB economic projections. Up next, markets eye the impact of slowing growth
Euro traders will be watching tomorrows ECB rate decision and listening for key commentary from officials following the release of Eurozone GDP.
Overnight implied volatility on EURUSD forex option contracts exploded to its highest level since Jan 23 as currency markets prepare for potentially formidable price action.
EUR/USD may be vulnerable to Italian GDP data and Eurozone PMI as regional growth sputters. Traders are now eyeing the upcoming ECB rate decision and
EURUSD Little Changed as German Slowdown Continues, Focus on ECB's Draghi
EURUSD Range Break Unlikely, ECB's Draghi to Reiterate Policy Stance
Excluding the Nikkei 225, most Asia Pacific stocks rose. Pro-risk AUD/USD fell despite a rosy jobs report. The ECB may sink the Euro to the