eFXdata reports that analysts at Danske Research discuss the EUR outlook around the ECB meeting on Thursday.
"Summing up on last week's data, we see the global economy (and Europe) as continuing to slow down and that Fed has indeed become more hawkish. Although spot EUR/USD did not move much in particular, the incoming data does continue to suggest risks are to the downside, in our view."
"This week, focus will turn to ECB where we expect Lagarde to be more dovish than e.g. Fed and this may act as a short-term catalyst to take EUR/USD somewhat lower."