Markets were somewhat placid yesterday with equities managing to hold onto their levels following last week’s falls and FX seeing little in the way of any sharp moves. Investors look to be holding out for this Thursday where we will see not only the colour of Mario Draghi’s tie, but hope to hear what his latest plans of an asset backed buying program will actually entail. Will it be the outright QE that so many are hankering for or will it be something to grease the wheels of a stagnant Eurozone? Yesterday’s data did little to encourage the markets that anything was about to change in the Eurozone under the status quo, as economic sentiment dipped for the fourth month in a row and even the economic powerhouse Germany’s sentiment fell putting it in the frame for a third recession since 2008. Not to forget the other Eurozone countries also suffering from economic malaise such as France and Italy. So once again we approach an ECB meeting with the market flat lining and investors highly expectant, even desperate, for more detail of how they purpose to expand their balance sheet. For now EURUSD remains stuck around 1.2700 and is likely to continue to do so ahead of Thursday, but in the meantime today sees German and Eurozone unemployment data, the final reading of UK GDP for Q2, a potential market mover in the form of Eurozone CPI data (expected to post a decline to 0.3% from 0.4%) and then later in the day US consumer confidence. This consumer confidence data has the potential to shift the dollar, which is flat so far this morning, as the market expects a small rise from 92.4 to 92.5. Further reading: EUR/USD Sep. 30 – Depressed in low range ahead of inflation data USD/CAD Outlook ahead of the Canadian GDP data – September 2014 FxPro - Forex Broker FxPro - Forex Broker Forex Broker FxPro is an international Forex Broker. FxPro is an award-winning online broker, offering CFDs on forex, futures, indices, shares, spot metals and energies, serving clients in more than 150 countries worldwide. FxPro offers execution with no-dealing-desk intervention and maintains a client-centric business model that puts customer needs at the forefront of our operations. Our acquisition of leading spot FX aggregator, Quotix, enables us to offer access to a deep pool of liquidity, as well as top-class order-matching and some of the most competitive spreads in the market. FxPro is one of only few brokers offering Negative Balance Protection, ensuring that clients cannot lose more than their overall investment. FxPro UK Limited is authorised and regulated by the Financial Conduct Authority (registration number: 509956). FxPro Financial Services Limited is authorised and regulated by the Cyprus Securities and Exchange Commission (licence number: 078/07) and by the South Africa Financial Services Board (authorisation number 45052). Risk Warning: Trading CFDs involves significant risk of loss. View All Post By FxPro - Forex Broker Daily Look share Read Next UK GDP upgraded to 0.9% but current account deficit Yohay Elam 7 years Markets were somewhat placid yesterday with equities managing to hold onto their levels following last week's falls and FX seeing little in the way of any sharp moves. Investors look to be holding out for this Thursday where we will see not only the colour of Mario Draghi's tie, but hope to hear what his latest plans of an asset backed buying program will actually entail. Will it be the outright QE that so many are hankering for or will it be something to grease the wheels of a stagnant Eurozone? Yesterday's data did little to encourage the markets that… Top Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk.2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk.3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk.4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk.5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.