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Maroc Maroc - FINANCIALMIRROR.COM - A La Une - 18/Nov 13:28

Euro eyes firm footing with Lagarde speech in focus

EURUSD is trading sideways at the start of the week, slightly above the psychological support of 1.0500. The major currency pair consolidates as the US dollar rally stalls after posting a fresh annual high. Investors will be focusing on European Central Bank President Christine Lagarde’s speech at an event in Paris later on Monday. Investors would like to know how much Trump’s protectionist policies will impact the Eurozone economy. Also, market participants would look for cues about the likely interest rate cut size in the December meeting. Fears of a trade war between the Eurozone and the United States have

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