In the wake of last week’s disappointing US fiscal decision, there is little on the domestic horizon to perk-up the USD’s spirits this week. This lack of domestic USD drivers notwithstanding, USD could re-gain some ground benefitting indirectly from anxious EUR trading ahead of Thursday’s ECB policy meeting. In terms of EUR/USD, we expect such anxiety to constrain the pair to the 1.3150 resistance area today before seeing a fresh move lower towards the early January 1.30 support region ahead of the Thursday meeting. Importantly, readers should note recent EUR/USD moves have been on low volumes with early January ... (full story)