The EUR/USD exchange rate captivates attention this week as the European Central Bank prepares to announce its interest rate decision. Additionally, the US will release its nonfarm payrolls data on Friday, which could further influence market dynamics. Currently, the EUR/USD value stands at 1.1371, 1.6% lower than this year’s peak. Investors are eager to see how these developments will affect the currency pair and where it heads next. Stay tuned for more insights as the week unfolds.