A mixed background is being formed today. On the one hand, statistics from the US on the labor market can delight investors with positive figures, which in turn can cause another wave of sales in this currency pair. Leading indicators from ISM for industry and services can show strong growth in January, which indicates an increase in employment in the private sector of the US economy.

The downward trend in gold may put additional pressure on the euro. This week, the yellow metal lost 3.5% and in the near future we can expect a decline in quotations to a six-month minimum, which is located at 1763. On the other hand, the surplus of dollar liquidity in the financial system will have a negative influence on the American currency and the trend in this pair can turn around.

Investment idea: flat 1.1925-1.2010.