On Wednesday, the EU agreed to grant Britain a new respite on Brexit. Prime Minister Johnson will probably have to come to terms with the new Brexit term – and the topic will somewhat recede into the background.
Thursday is an important event – the ECB. The question is whether there will be a change in ECB policy towards a return to normal policy – without negative rates.
EURUSD: We are holding growth.
We keep purchases from 1.0945 and 1.1005, which stops at 1.0990.
Possible purchases with kickbacks from 1.1080 and below.
ECB decision at 12:45 London time; Draghi's press conference at 13:30 London time.