TD on the US dollar and euro.
- US on track to outpace other economies in administering vaccine
- could “hit the 15% monthly vaccine rate sweet spot by late April”
- Germany appears able to achieve a similar pace,
- other EZ countries to lag significantly
Looking for a weaker euro:
- recommends short 1 at 1.22
- look for a break below 1.20 in the next month or so,