Hello dear friends! Today, the EUR/USD pair is showing signs of improvement as it recovers from a significant decline yesterday. This decline occurred after reaching a one-week high near the 1.0765-1.0770 range. Nonetheless, spot prices are still within a known range that has been maintained since the start of this week. Traders are eagerly anticipating the upcoming European Central Bank (ECB) policy meeting, which is scheduled to take place later in the European session.
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At the time of the survey, DXY measured greenback fluctuations with 6 major currencies (EUR, JPY, GBP, CAD, SEK, CHF) down 0.1%; at 104.66.