The bears' control over the direction of the EUR/USD pair has strengthened, with losses extending to the support level of 1.0812. Trading for this important week started stable around the 1.0845 level. Clearly, EUR/USD will be on an important and fateful date this week, as the US Federal Reserve will announce an update to its monetary policy, and then US employment figures will be announced. Thus, these data and events will have a strong impact on the performance of the most popular currency pair in the forex market. Before that, the price of the euro was greatly affected by hints about an early cut in interest rates ... (full story)