No major events are expected today.

EUR/USD begins the week without a clear impulse, while the key driver remains the reassessment of interest rate expectations in the United States. The market is factoring in both recent employment data and personnel news surrounding the future leadership of the Federal Reserve, which keeps demand for the dollar elevated and increases the pair’s sensitivity to any surprises in U.S. statistics.

In the Eurozone, the situation is calmer: the European Central Bank maintains its pause, and inflation is noticeably below 2%, so market participants are not rushing to price in higher euro yields. Improved investor sentiment in the region supports the currency, but without stronger macroeconomic growth and rising price pressure, it is harder for the euro to sustainably strengthen against the dollar.

For today, the base scenario implies moderate pressure on EUR/USD as demand for the dollar returns on the back of U.S. news and data. In this context, selling from current levels with a protective stop and a target at lower levels is preferred.

Recommendations: SELL 1.1875, SL 1.1900, TP 1.1800