Autumn melancholy...

In the beginning of autumn, the cold rain washed over investors summer bodies, who heard the words of hope of Janet Yellen about the growth of the US economy and expediency of raising interest rates in September on her last official speech on 26 August.
Economic Indicators, published by the 1st and 2nd of September of the last week: PMI index in the manufacturing sector, which declined from 52.6 to 49.4, and data on changes in the number of people employed in non-agricultural sector, with the creation of jobs 151 thousand, instead of forecasted 180 thousand, cooled the ardor of traders and forced them to doubt the reality of the intentions of the Committee on the open market operations of the Fed.
Against the background of a stable Eurozone economic data, the US dollar, together with its economy, currently looks like an outsider in the competition with the EUR. On Friday, before the long weekend in the United States, the EUR/USD failed to demonstrate its possible potential for growth, and, after a lull in world markets at the beginning of the week, yesterday the pair went to conquer the "northern" tops.
On Tuesday, European stock markets opened higher, the euro also demonstrated positive dynamics. Repulsing from 1,1120-1,1140 support area, the price of EUR/USD rose above 1.1250.