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EUR/USD Forecast: Bears to Pounce 1.13 amid Risk-off, Eying ECB

Started by forex4you, Feb 15, 2022, 06:29 am

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EUR/USD Forecast: Bears to Pounce 1.13 amid Risk-off, Eying ECB

On Monday, EUR/USD returns to the 1.1300 area. The dollar remains strong despite continuing risk aversion. The US 10-year yield is trading defensively near 1.90%. The EUR/USD price forecast remains broadly bearish after breaking the 1.1400 level. It is attributed to the risk-off sentiment that strengthens the USD. The EUR/USD price continues to lose ground … Continued


The post EUR/USD Forecast: Bears to Pounce 1.13 amid Risk-off, Eying ECB appeared first on Forex Crunch.


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