No major events are expected today.

The euro is holding near 1.15 amid a stabilizing dollar and a rising probability of Fed policy easing this winter. The market is digesting mixed signals from U.S. employment data and upcoming business activity statistics, which supports interest in dollar competitors as U.S. rate expectations remain moderate.

On the European side, the key factor remains signs of slowing inflation in the euro area and the regulator’s willingness to keep borrowing costs steady without sharp moves. This reduces the risk of tighter financial conditions for the real economy and supports resilient demand for the euro near current levels.

The trading idea is based on a risk balance favoring gradual dollar weakening under neutral ECB rhetoric: buy from 1.1515 with protection at 1.1485, targeting a retest of local highs as moderate U.S. data is released and rate expectations stabilize.

Recommendations: BUY 1.1515, SL 1.1485, TP 1.1605