Although the focus seems almost exclusively on the dollar, keep an eye on what the ECB has to say. Commerzbank economists analyze how the euro could be affected.
What ECB rate path would be considered neutral for the euro?
“When it comes to euro movements in the currency market, it doesn’t just matter whether the ECB rate path will play out as the market is currently pricing. The ECB’s reaction to the evolution of inflation is more important“.
“Only if inflation falls as rapidly as the market expects, would a rate path such as the one described below be neutral for euro exchange rates. If inflation does not fall as rapidly, any rate cut (or market expectations of cuts in the near future) would put pressure on the euro.”
Source: Fx Street

I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.