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EUR Q2 2021 Fundamental Forecast of clients are net short. Long News of clients are net short. Long News of clients are net short. Long News of clients are net short. Long News of clients are net short. Long News EUR/USD Oversold, Time For a Rally The key question for EUR/USD traders looking at the second quarter of 2021 is whether the steep decline in...
EUR Q2 2021 Fundamental Forecast EUR/USD Oversold, Time For a Rally The key question for EUR/USD traders looking at the second quarter of 2021 is whether the steep decline in the pair in the first quarter will reverse in Q2, and the answer is quite possibly yes. The reasons for the Q1 drop have been well rehearsed: the EU has been slower than both the US and the UK in vaccinating its people against the coronavirus. As a result, lockdowns will likely persist for longer in the EU, and the EU economy will therefore likely recover more slowly from the slump caused by the Covid-19 pandemic.
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Australian Dollar Outlook: AUD/USD, AUD/NZD at Key Levels as Trade Data Looms 2021-03-04 00:00:00 Thomas Westwater, Analyst AUD/USD, AUD/NZD, Government Bond Yields, Technical Forecast -Talking Points Rising government bond yields spook investors as Wall Street stumbles Australian balance of trade data in focus for Thursday’s APAC session AUD/USD, AUD/NZD at key technical levels following AU Q4 GDP beat US stocks moved lower as Treasury yields spiked, pushing investors into a risk-off stance with the tech-heavy Nasdaq Composite leading the move lower, closing down 2.72% on the day. The D...
US equities failed to extend gains from Monday as Treasury yields aesed. Elsewhere, the Canadian Dollar gained versus the Greenback despite falling crude oil prices.