EUR/USD Review, July 26-30, 2021
26 июля 2021
The currency pair plunged last week as market participants expected no actions nor hints from ECB to change its monetary policy.
There will be many important events this week including the FOMC meeting, GDP and Core PCE Price Index. GDP and inflation expectations are currently positive. This will likely support USD’s growth. EUR/USD is likely to develop its downtrend targeting 1.1630.
