Before EU leaders meeting maybe we will see low movement on the EUR .
This meeting will begin on Thursday and they will focus on the COVID_19 & BREXIT between the EU and the UK.
The EUR will be strengthened if EU leaders call for new financial packages.
In addition to the EU leaders' meeting, the Forex Economic Calendar also has the ZEW Index, which will be released on Tuesday.
The impact of this report on market fluctuations is likely to be limited.
Fundamentally, the main trend in the Forex market depends on fluctuations in the US dollar, and if the dollar weakens, all major currencies will grow. Meanwhile, news about the eur economy could exacerbate the effects of dollar fluctuations.
Masih_Rezvani Ph.D
This meeting will begin on Thursday and they will focus on the COVID_19 & BREXIT between the EU and the UK.
The EUR will be strengthened if EU leaders call for new financial packages.
In addition to the EU leaders' meeting, the Forex Economic Calendar also has the ZEW Index, which will be released on Tuesday.
The impact of this report on market fluctuations is likely to be limited.
Fundamentally, the main trend in the Forex market depends on fluctuations in the US dollar, and if the dollar weakens, all major currencies will grow. Meanwhile, news about the eur economy could exacerbate the effects of dollar fluctuations.
Masih_Rezvani Ph.D