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Today quite a number of significant macroeconomic reports will be released. Today the single European currency is flexing muscles and resisting the US dollar confidently. The euro-dollar pair is trading at 1.1269 levels. The euro started rising against the greenback after the United States provided downbeat non-manufacturing PMI data. Lackluster reports from the US reduced chances for soon monetary tightening, which in its turn led to a tumble in the greenback against its major counterparts. Today markets are awaiting the European Central Bank’s interest rate decision for September. Experts are sure that the regulator will not change its monetary policy this month. Such expectations are linked not to the Brexit vote, but to forecasts for slow GDP growth in the eurozone, according to the speech of ECB President Mario Draghi. Currently the ECB benchmark rate stands at the zero level after the April cut from 0.5 percent. The asset-buying program will last up to March 2017. The program’s volume makes up 1.7 trillion euros. The market expects the key interest rate to remain at the current level and is mostly awaiting economic forecasts. Experts suppose that outlooks will be revised downwards due to Britain’s vote to leave the European Union. https://www.instaforex.com