A mixed background is being formed today. On the one hand, we can expect a technical correction in the main currency pair of the Forex market, inasmuch as the US Treasury will not hold auctions for the placement of Treasury bonds this week and will not withdraw dollar liquidity from the financial system.

On the other hand, Libor dollar interest rates are rising on the interbank market in London, which indicates a strong demand for the American currency from bankers. During such periods, the dollar strengthens against the euro. Correction in the pair is overdue, and it will happen either today or tomorrow.

Trading recommendation: flat 1.1515 – 1.1600.