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EUR/USD to remain steady around the ECB meeting – Danske Bank

Kristoffer Kjær Lomholt, senior analyst at Danske Bank, points out that the US jobs report on Friday failed to move EUR/USD despite a weak wage growth figure initially sending the pair higher.

Key Quotes

“As for this week’s potential movers, we stress the following: signals of rate cuts or QE needed at Wednesday’s ECB meeting (which we do not expect) to move EUR/USD lower, hence, EUR/USD should remain steady around the ECB meeting; further progress in US-China trade talks would be EUR/USD-positive; and finally, a long extension of Brexit is unlikely to be significant for EUR/USD.”

EUR/USD Technical Analysis: Upside remains capped around 1.1250

EUR/USD daily chart EUR/USD Overview Today last price 1.1233 Today Daily Change 24 Today Daily Change % 0.13 Today daily open 1.1218 Trends Daily SMA2
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Canada: Housing market data in focus this week - NBF

Analysts at National Bank Financial, suggest that the focus will be on the release of housing market data for the Canadian markets this week. Key Quot
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