The Euro: Quiet Before the Storm?

The euro basically is not moving at all today.



The euro did trade slightly higher by fewer than 30 pips currently.  The range for today has been contained within a 40-pip range.  The traders are waiting for the outcome from the U.S.  FOMC meeting, followed by the British rate decision on Thursday, and the exciting U.S. job data on Friday.

Currently, the euro is trading slightly above 1.16.

The ECB drama last week triggered some actions from my MT4 EA, which has produced a small profit for the week.

The strategy can be found here.

The latest result can be found here.




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