While the world was watching the stocks market and waiting for the miracle to happen from the new Apple presentation, we were totally ignoring what was happening in the currency market. And there we have something akin to disaster right now as the most popular trading currency is losing its positions and is falling down. And now when European Central Bank is most likely to rule to cut the rates we are seeing the real crisis that euro has plunged into over the last several weeks. And the trench seems to be getting deeper and deeper.

Right now we are only 24 hours away from a very important decision by ECB – rate decision. And as I already said, most likely we are not going to see the decision play out in our favor. Most likely the economy of Eurozone is in such deep crisis that the real cut might be a surprise for us. But why did the economic power of the EU has gone so weak? Well, for starters, the economic instability of the region has brought a lot of traders to losing their faith into the region. Being on the brink of trade war with the USA has done the EU no good as well. And, of course Brexit negotiation are taking a lot of attention from the present strength of the EU and putting it solely onto the future. And as we can see this is now the move favored by euro. Not at all.

It seems that trades have no faith in euro right now. Focus being shifted to some other assets of tuu much for the currency to take on.

In order not to lose your focus, just use your trading signals for the couple.