Quick EUR/USD view - range ahead

Author: Eamonn Sheridan | Category: News

A snippet from National Australia Bank on the euro, analysts there looking for a range in the coming weeks, citing:

  • an overall broad negative for risk appetite due to ongoing COVID-19 developments makes it too soon for a meaningful EUR recovery
  • range ahead 1.1500 to 1.1750
NAB add that a durable risk backdrop is needed for a more sustained recovery 


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