Those who have been following the performance of euro have probably seen the down points where the currency was brought by German economic data. The fact that Germany is the strongest economy of the region didn’t do us any favors here as the weaker it gets, the lower the currency is going. And today is just another opportunity for euro to recover its pace as we are waiting for the speech of the head of European Central Bank.

For now, it is now clear whether it is going to be good news or bad news that he is going to deliver. After all he might just address the situation without offering any additions actions. But he is known for leaving clues around the speech as to the future state of interest rates. And the more we are going to know about interest rates and the state of the economy as a whole the easier it is going to be for us to make decision concerning EUR/USD.

Will policies change and will the couple be saved? Let your trading signals guide you through this time.