EURUSD

Trade war uncertainties in global markets began the week under pressure. Stock indices and the performance of companies on the first trading day drew attention, while currency pairs remained relatively calm. Ahead of the U.S. CPI data to be released tomorrow, the New York Fed's consumer inflation expectation rose to 3.1%, up from the previous month. Today's JOLTS data regarding the U.S. labor market will also be monitored.

While the Dollar Index has recently shown a decline, there will be a struggle between short-term sellers and medium-term buyers. The impact of developments before the Fed's decisions on March 19 will be critical for evaluating the year. In the EURUSD pair, the 1.0720 – 1.0760 range is an important support point; stability in this region will be decisive for the pair's direction. The level of 1.0960 will address whether there will be selling pressure or a trend rally.