Yesterday we were trying to understand and anticipate what the USD performance was going to be like after the gathering of FED and decision for interest rates of the country. And, surely enough, yesterday’s decision is having a lot of influence on trading as it is today. Dollar slipped even further and other currency couple have the possibility to grow and bring us profits. For example, EUR/USD.

The couple has the possibility to grow not only because USD is falling, but also because elections in the UK is giving us just a little bit of hope for the future of relations between UK and EU. But, today we have to watch out for the performance of EUR/USD because today euro is the one that is going to see a lot of information and is posed a great risk because of them. Today euro is going to face Main Refinancing Rate, Monetary Policy Statement and subsequent ECB Press Conference. All of these are going to do just what they counterparts did for USD yesterday – tell us all about the state of EU economy by dealing with interest rates in the region.

Will EUR/USD fall? Will USD slide give it even more of a push? Hard to say, but in the last 24 hours added 0.45 percent against the greenback, so it is only fair if we expect it to rise even more.

Watch out for any signs of reversal with our trading signals.