Euro recovers for the second day, and USD is under pressure

The euro continued to rise for the second day in a row to erase its losses in the beginning of the week, following the failure of the German government coalition talks as investors returned to buy the euro in the light of the German president's meeting with leaders of the Greens and the Free Democratic Party after the failure of talks with Merkel. This is the first time a German president intervene to form a new government coalition. Also, one of the reasons for buying the Euro was investors' optimism about the Eurozone economic growth outlook.
On the other hand, today's markets will monitor the British budget and investors will be looking at many of important issues, notably the outlook for economic growth, as well as any new developments on the issue of Brexit, as well as any updates on fiscal policy, and will austerity be reduced, besides tax burden reduce and increasing government spending.  
Eyes will be Looking ahead to the FOMC meeting minutes tonight to see the Federal Reserve's view of the US economy, especially as markets expectation for a third rate hike ahead of the end of this year is increasing, but the US dollar has come under pressure as investors await a vote by members US Senate after Thanksgiving holiday.
Oil prices today recorded new highs not reached since June 2015, close to the levels of $ 58 a barrel because of the faults of a major pipeline pumping crude oil to the United States. US crude oil inventories are due to release today and it is expected to return to decline by 1.4 million Barrels per day during last week.