Quiet Session Expected: ECB Speakers and BoC Minutes on Tap

Major forex pairs are expected to see limited volatility today as the economic calendar remains light. The European session features only ECB speakers who are anticipated to maintain their recent dovish stance without providing new policy insights. During the American session, the Bank of Canada will release meeting minutes, though these typically have minimal market impact. Multiple Federal Reserve officials are scheduled to speak, but significant policy shifts are unlikely ahead of crucial US employment and inflation data releases. The absence of high-impact economic indicators suggests range-bound trading conditions across major pairs. Traders are positioning cautiously, awaiting Friday's Non-Farm Payrolls report and next week's CPI data for clearer directional signals. Technical levels remain intact with EUR/USD holding near 1.0650, while USD/CAD consolidates around 1.3900 ahead of the BoC minutes.