And so we keep on with following ECB and euro adventures for today and ECB officials announce their monetary rates decisions – the rates are going to be left unchanged as European economies are agreeing to wait for further economic development of the countries and of the international economic relations.
Euro in its turn tried both – peaking and falling down while this decision was being formed and voiced, but in the end we came just to the exact spot that we stared at the beginning of the day. It is all pretty predictable, but we are still waiting for the effect of economic data from Germany to kick in and settle into the mind of traders.
And what are we to expect further for euro and Eurozone? Well, the next big and important thing that may rock our trading with the currency is going to be Brexit. We are still waiting for the decision of what is going to happen to the process in the nearest future and the anticipation is not only weighing in on pound. Euro is feeling the impact as well, just not as much of it.
Today went by smoothly. But what if not all days are this good to us. Well, this is why we have trading signals by our side!