Brussels Monthly Meeting AndIt`sImpact On TheEuro
Publish Date : 2019/07/09 - 08:26

The monthly meeting in Brussels will be attended by various economic and finance ministers from each European member state and will involve discussing the multiannual financial framework package for 2021 through 2027, and a replacement for the IMF Director. In the absence of major economic indicators, EURUSD will likely focus its attention on fundamental risks and immediate but low-profile events like the Economic and Financial Affairs Council (Ecofin) meeting today. EURUSD may break below the lower lip of the 18-month descending resistance channel if fundamental risks worsen and push the US Dollar higher.

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