Deutsche Bank looking for buy opportunities in EUR/USD

Author: Eamonn Sheridan | Category: News

DB's prior forecast was for the USD to continue falling in 2021.

  • now have switched to "tactically" neutral on USD 
  • Like a position short yen
  • DB see the Democrat Senate win in Georgia as a "gamechanger for the U.S. fiscal outlook, opening a window for dollar support" 

Also now neutral EUR/USD

  • expect 1.20-1.25 consolidation range
  • looking for opportunities to buy  

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