Over the past two days, the EUR/USD pair has been fluctuating in a narrow range (1.0830-1.0870), above the support zone noted earlier and located between the levels of 1.0800 and 1.0840.
Given that today is Friday — the end of the week and no significant publications are planned in addition to data on personal consumption expenditures in the United States, if this news does not become a catalyst for increased volatility in pairs with the US dollar, then EUR/USD may remain in the same range until the end of the week.
Next week, among the fundamental factors, the triggers for the market from Europe may be preliminary data on German GDP for the second quarter and the consumer price index. As well as data on the eurozone consumer price index.
On the part of the United States, both labor market data and inflation indicators will be published, but the focus is likely to be on the Federal Reserve's decision on the key interest rate, which will be announced on Wednesday.
Thus, the next week does not promise to be calm for the markets, and almost certainly we will see an increase in the volatility of the Euro against the US dollar and its shift to one of the boundaries of a wide range ($1.0650-1.0950).