Euro Softens Ahead Of ECB Rate Decision. Forecast as of 05.02.2026

While investors are criticizing Kevin Warsh and considering how to deal with the collapse of US stock indices, the ECB is making a decision on interest rates. The dovish tone in its comments will affect the EUR/USD pair. Let's discuss this topic and make a trading plan.Major Takeaways The Senate defends the Fed's independence. The US economy continues to perform well. The ECB will not help the euro. Short trades on the EUR/USD pair can be opened below 1.1775.Weekly Euro Fundamental Forecast