The EURUSD pair has remained sideways in recent days, although with a downward pressure in recent weeks.
Key events and the publication of this week’s macroeconomic data may lead to volatility in the price of this pair.
Last Friday, the president of the European Central Bank (ECB), Christine Lagarde, reiterated that an increase in interest rates of 50 basis points in March was ‘increasingly certain’, given the steep inflation in the eurozone.
Pay attention this week to important announcements relating to the economic calendar, particularly nonfarm payrolls on Friday, which could lead to high volatility for the dollar and consequently for the EURUSD pair.
Key events and the publication of this week’s macroeconomic data may lead to volatility in the price of this pair.
Last Friday, the president of the European Central Bank (ECB), Christine Lagarde, reiterated that an increase in interest rates of 50 basis points in March was ‘increasingly certain’, given the steep inflation in the eurozone.
Pay attention this week to important announcements relating to the economic calendar, particularly nonfarm payrolls on Friday, which could lead to high volatility for the dollar and consequently for the EURUSD pair.