Calendar and fundamental analysis EUR / USD: The calendar comes alive a little on Tuesday, December 12, with the Fed and the ECB tomorrow and the day after tomorrow :

After yesterday's day, which was quite calm from a macroeconomic point of view, the EUR / USD will face a more hectic schedule on Tuesday 12 December 2017:

11am: The day will begin with the ZEW index of the German business climate, for which economists anticipate decreasing figures, to 18 points for the month of December, after 18.7 points the previous month.

2:30 pm: In the United States, the most important statistic will concern US producer prices, forecast up by 0.4% over the month of November, as in the previous month.

EUR / USD Fundamental Analysis

With the Fed meeting expected tomorrow and the ECB meeting on Thursday, traders could remain on the sidelines this Tuesday, unless one of the two expected statistics deviates very sharply from the consensus. Moreover, from a graphical point of view, we saw yesterday that operators have trouble getting involved, either in the direction of a test of 1.18, or in favor of a maitient at above 1.18.
0