Euro to Stay Positive against USD in 2021, though with Upside Limited

After gaining almost +10% this year, we expect EURUSD to strengthen further in 2021. While Eurozone continues to struggle with slow recovery and subdued inflation, the broad-based weakness in US dollar is anticipated to support the pair. As we mentioned in the previous report, we are bearish over US dollar due to dissipation of yield […]

The post Euro to Stay Positive against USD in 2021, though with Upside Limited appeared first on Action Forex.

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