Actually there are no clear theme/sentiment today (no fresh news on Eurozone side i.e German Coalition, Monetary Policy worries or confidence, anything on QE?, anything on inflation, U.S Tax Reform mania have faded.. what now?) so I go back to the "bigger picture" right now :
1. Eurozone is in economic growth (bullish for EUR)
2. They tapered the QE and thats an outlook for future tightening (mildly bullish for EUR)
3. Market have fully priced in for the Federal Reserve to raise interest rate in December, so they yet to see fresh news on will the Fed raise further rates in 2018. At the time being, dollar is "neutral" today (mildly bearish for USD)
Technically, weekend gaps always gets filled eventually. Technical USD selling could push EURUSD into the weekend gap.
1. Eurozone is in economic growth (bullish for EUR)
2. They tapered the QE and thats an outlook for future tightening (mildly bullish for EUR)
3. Market have fully priced in for the Federal Reserve to raise interest rate in December, so they yet to see fresh news on will the Fed raise further rates in 2018. At the time being, dollar is "neutral" today (mildly bearish for USD)
Technically, weekend gaps always gets filled eventually. Technical USD selling could push EURUSD into the weekend gap.