Q2 earnings are likely to set off some volatility in equity markets which will feed into 'risk' currency plays
Also this week is the European Council meeting on Friday
- FX market interest will centre on discussion on a debt-sharing relief fund deal
- Its likely to be discussion only though, no deal is expected to be reached yet., We'll see.
And, another also is the European Central Bank meeting:
- expectations are this is likely to be a subdued affair, not a major mover
ECB meeting is Thursday:
- Policy announcement due at 1145GMT
- EUR/USD forecast (to 1.15) with the ECB expected to be optimistic this week
- ECB meeting coming up this week - quickie preview (spoiler, no change)
