This week we have some central bank meetings to deal with. On wednesday (27.) the Bank of Canada has its interest rate announcement and press conference, on thursday (28.) Bank of Japan and the ECB have its meetings. For a quick check of upcoming events I recommend to print out the G10 Central Bank Calendar or bookmark fxdesk.de
There is no reason to believe that Lagarde is going to change here dovish stance for now. With this respect EURUSD should not profit from the meeting especially with the prospect of a tapering announcement of the FED on november the third (next week). Nevertheless the currency pair printed a green weekly candle and closed above the 1.1640 support/resistance on friday. For this reason it is quite likey that EURUSD is going to test the daily 50 ema (1.1693) resistance in the next sessions.
The Dollar itself trades slightly weaker this morning (DXY 93.527, -0.12%) just above the 93.50 support zone. Main profiteer is Aussie again trading 0.47% higher at 0.75 against Dollar amid a rather positive risk mood ahead of important earnings. In contrast to that USDJPY had a weak close on friday clearly below the 113.80 support. A strong Yen does not support a strong risk-on view in general. So far I would keep a close look on earnings and stock market reaction for hints on Aussie and Yen.
Good luck,
Sebbo