Here's a EUR/USD forecast (to 1.15) with the ECB expected to be optimistic this week

The European Central Bank meet this week, preview below.

• Meeting Thursday 16 July 2020 
• Policy announcement at 1145GMT (policy likely unchanged)

• We remain constructive and expect the broad USD to decline over the coming months
• 3 month forecast is 1.15

• we expect a repetition of recent comments from various governing council members, thereby striking a cautiously optimistic tone compared to the June projections. 
• We also expect they may decide not to use the EUR1,350bn PEPP envelope in full. 
• No new initiatives are expected next week
• Markets may not be prepared for a 'less dovish' message
• with abundant liquidity, PEPP and APP still ongoing
• Our key expectation is that the ECB will reiterate its stance towards supporting a recovery, with, not least, a focus on sovereign spreads. 

• the direction and stance of the ECB and euro area fiscal politics are, in our view, quite well priced and communicated (though to a lesser extent when it comes to the outcome for Brexit). In turn, it will be the breath and speed of the global recovery that sets the tone in EUR/USD, and mostly through the USD leg