15:30 MSK. US Producer Price Index for August.
17:30 MSK. US data on stocks of crude oil from the Ministry of Energy in August.
The euro exchange rate against the dollar forex forecast for EURUSD today 09/11/2019
Current levels in the euro attractive to open Sell positions. Tomorrow the ECB will announce its verdict on monetary policy. Lower inflation in the euro area makes the central bank to take measures to accelerate economic growth in the region. Investment banks expect the ECB deposit rate decrease by 0.1% and the launch of QE program (buying bonds) from 1 October. If the ECB will only lower interest rates, we expect a slight decline in the euro, they will be realized if both factors, the euro can demonstrate a good downtrend. What will be the result? We'll find out tomorrow, and now the euro interest for sales, as we see the sell-off in gold, which is negative for the single European currency, which has a direct correlation with the precious metal.
EURUSD recommendation: Sell 1.1060 / 1.1080, and take profit 1.1020