FX.co ★ Anticipation of the Labor Market Data Again

The content of ECB's minutes of the meeting on monetary policy was not surprising.

Today, we expect a slowdown in UK house price growth from 3.3% to 3.1% and this is clearly negative for the pound.

Despite the fact that yesterday's data was very weak, the market remains hopeful on today's labor market data.

If the labor market forecasts are confirmed, the EUR / USD pair fell to 1.1330.