EUR/USD has rallied through the 1.1950/60 neighborhood but Mazen Issa, Senior FX Strategist at TD Securities, is skeptical that the pair is ready to trade on the offensive. See – European Central Bank Preview: Forecast from 14 major banks Key quotes “It remains too soon for the EUR/USD to be trading on the offensive again, in large part because we see greater scope for US real rates to grind higher relative to bunds.” “The eurozone continues to lag in the vaccine race, and we expect Lagarde will remind us how growth remains underwhelming. In line with this, we expect the eurozone to lag the recovery vs. the US and UK by at least a quarter and to rebound by a much more moderate degree. These, alongside better yields in the US, should help anchor the EUR as a funding currency.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Breaking: ECB leaves key rates and PEPP unchanged, EUR/USD holds around 1.1950 FX Street 1 year EUR/USD has rallied through the 1.1950/60 neighborhood but Mazen Issa, Senior FX Strategist at TD Securities, is skeptical that the pair is ready to trade on the offensive. See - European Central Bank Preview: Forecast from 14 major banks Key quotes "It remains too soon for the EUR/USD to be trading on the offensive again, in large part because we see greater scope for US real rates to grind higher relative to bunds." "The eurozone continues to lag in the vaccine race, and we expect Lagarde will remind us how growth remains underwhelming. In line with this, we expect the… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
