EURUSD: The ECB's policy decision is the highlight of today's ec

The dollar rose slightly early in the day after being mixed in yesterday's trading. Rising Treasury yields of late have supported the greenback.

US stocks also saw late declines, although technology stocks again outperformed as the Nasdaq index closed up 0.4%. The S&P 500 managed to rise 0.1% while the Dow closed down 0.3%. US futures are currently flat.

In the bond market, the 10-year bond yield in the US decreased 2 basis points to 4.158%.

ECB President Lagarde will continue to speak based on the data but traders will keep an eye out for any unexpected comments from her.

The market prices the ECB's ability to cut interest rates in April at 72% and expects 127 basis points of interest rate cuts this year.

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✔️TP1 1.0930
✔️TP2 1.0960

❌SL 1.0830