All over the markets the day is not going to be easy. And one of the most important currencies is also not going to make it out of today with no turbulence and sudden changes. I am of course talking about euro. It is no secret that Brexit has really become the reason for the falls of pound. But what about euro? Was it influence by the divorce at all? Well, of course. It is especially obvious today, when the talks about the possibility of the deal Brexit are looming over us and when we can see the surge of euro against the greenback.
Today is a busy day for European currency. Today we are going to see final Italian and Eurozone in general inflation numbers which is very important at this time – Eurozone has lived through some shakes with German data coming out the worst in years, so we are going to be watching euro inflation numbers pretty closely. Especially given that Italy – one of the most unstable economies of Eurozone is giving out the data as well.
Trade data are also going to see the light of day and here is where we really need to pay attention – after all, we are going to see these numbers for the first time since USA announced trade tariffs being imposed on the EU.
All and all the day promises to be very interesting for EUR/USD couple and we are hoping that we are only going to see the good side of it.
No matter the results, we are going to use the help of trading signals in any case.