EURUSD rises on vaccine, Brexit and stimulus hopes.
EURUSD continues to rise on the continued risk-on mood amid the vaccine and stimulus-driven optimism. After London and Brussels agreed to “go the extra mile” to try to save a Brexit trade agreement this lifted the euro up against the weakening dollar. Dollar weakness can be attributed to the fact that the prospect of a vaccine-driven global economic recovery lessens the need for safe havens. Safe haven outflows from dollar also accelerated when it was reported that the $908 billion relief plan would be split in two to win approval and could be introduced as early as Monday – which is driving EURUSD up.
Торгуйте с настоящим брокером. Одни из самых низких спредов на рынках Форекс, драгоценных металлов, энергоносителей. Рыночное исполнение ордеров по лучшим ценам от поставщиков ликвидности первого уровня.
EURUSD overview 14.12.2020
EURUSD rises on vaccine, Brexit and stimulus hopes.
EURUSD continues to rise on the continued risk-on mood amid the vaccine and stimulus-driven optimism. After London and Brussels agreed to “go the extra mile” to try to save a Brexit trade agreement this lifted the euro up against the weakening dollar. Dollar weakness can be attributed to the fact that the prospect of a vaccine-driven global economic recovery lessens the need for safe havens. Safe haven outflows from dollar also accelerated when it was reported that the $908 billion relief plan would be split in two to win approval and could be introduced as early as Monday – which is driving EURUSD up.
Expect buyers on downward corrections.
Next resistance to watch – 1.217796
Торгуйте с настоящим брокером. Одни из самых низких спредов на рынках Форекс, драгоценных металлов, энергоносителей. Рыночное исполнение ордеров по лучшим ценам от поставщиков ликвидности первого уровня.
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