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EURUSD: chained together. Forecast as of 22.02.2021 The Trea | LiteFinance

EURUSD: chained together. Forecast as of 22.02.2021

The Treasury yield rally and the divergence in the economic expansion of the USA and the euro-area do not send the EURUSD down yet. What is the reason? Where will the euro-dollar go next? Let us discuss the Forex outlook and make up a trading plan.

Weekly euro fundamental forecast

The USA manages the crisis successfully: the number of new COVID-19 is declining, vaccination is progressing, and the economic surprise index, which shows the between actual and projected data, featured the best rise since late 2017. As a result, the Treasury yield is rallying up, which, however, doesn’t strengthen the... Read full author’s opinion and review in blog of #LiteForex http://amp.gs/56uV