The Bank of Canada will publish a rate statement and an update on the interest rate on September 9, at 17:00 MT time.
Trade euro on ECB comments.
The European Central Bank will announce the interest rate on October 25 at 14:45 MT time. At 15:30, the central bank will hold a press conference.
The euro has been under big pressure because of the Italy budget issue. Moreover, the strengthening of the USD doesn’t let the EUR/USD pair to rise.
Although the market is sure that the central bank won’t change the interest rate, the market is waiting for comments on the further tapering of quantitative easing. If the bank sees a possibility to move to tighter monetary policy, the traders will consider it as a good sign. However, there are risks of the dovish comments caused by threats on the financial markets.
• Positive comments will boost the EUR.
• Negative comments will pull the EUR down.
Long time we haven't checked the S&P 500 stocks - there are interesting events and trends to follow.
The United States will publish CPI and core CPI on September 11, at 15:30 MT time.
The European Central Bank will publish a monetary policy statement and release the main refinancing rate at 14:45 on September 10.