The ECB meeting (decision: 12:45pm GMT, conference: 1:30pm GMT) is the most anticipated market event this week. The Bank is widely expected to increase its bond buying program and in theory monetary expansion is negative for the currency. Having said that, this is already expected and the reaction will depend on the pace of monthly purchases – large increase could be negative for the euro. EURUSD is in a small correction but the mid-term trend remains positive.

Three Markets To Watch (20.04.2026)
Dollar Plummets After Opening of the Strait of Hormuz 💲📉 The Start of a Sharp Correction❓
Chart of the Day: Is the Yen Approaching a Breaking Point?
Morning Wrap: Trump Announces Ceasefire Between Israel and Lebanon