The EUR/USD pair trades around 1.2030, bullish in the near-term, as dollar’s sell-off is likely to continue, Valeria Bednarik, Chief Analyst at FXStreet, reports. Currencies are posting a late reaction to upbeat data released last week “The greenback plunged amid an optimistic market’s mood, spurred by upbeat US data published last week. However, it’s more notable across the FX board, sort of a late reaction to Wall Street’s run. So far today, equities are struggling around their opening levels, while US Treasury yields eased, but without fireworks.” “The risk is skewed to the upside as long as the pair holds above the 1.2000 price zone, with room for an extension towards 1.2130.” 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 S&P 500 Index opens modestly lower following last week’s upsurge FX Street 2 years The EUR/USD pair trades around 1.2030, bullish in the near-term, as dollar's sell-off is likely to continue, Valeria Bednarik, Chief Analyst at FXStreet, reports. Currencies are posting a late reaction to upbeat data released last week "The greenback plunged amid an optimistic market's mood, spurred by upbeat US data published last week. However, it's more notable across the FX board, sort of a late reaction to Wall Street's run. So far today, equities are struggling around their opening levels, while US Treasury yields eased, but without fireworks." "The risk is skewed to the upside as long as the pair holds… 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.
