EURUSD continues the multi-day slide as the investors are starting to focus more on the dollar amid the rising U.S. Treasury yields. The renewed dollar bullishness follows the earlier reports showing that non-farm payrolls surged by 379,000 jobs last month while the U.S. Senate approved President Joe Biden’s $1.9 trillion recovery package. With the U.S. labour and America accelerating its immunization, administering a record number of vaccines this weekend – dollar is seen as the winner in the relative chase to stop the epidemic consequences. U.S. yields reached one-year high above 1.62% while German yields dipped nearly 5 basis points last week, – adding to the bearish pressure on EURUSD.
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 08.03.2021
EURUSD falls on dollar optimism.
EURUSD continues the multi-day slide as the investors are starting to focus more on the dollar amid the rising U.S. Treasury yields. The renewed dollar bullishness follows the earlier reports showing that non-farm payrolls surged by 379,000 jobs last month while the U.S. Senate approved President Joe Biden’s $1.9 trillion recovery package. With the U.S. labour and America accelerating its immunization, administering a record number of vaccines this weekend – dollar is seen as the winner in the relative chase to stop the epidemic consequences. U.S. yields reached one-year high above 1.62% while German yields dipped nearly 5 basis points last week, – adding to the bearish pressure on EURUSD.
Expect sellers on upward corrections.
Next support to watch – 1.1800
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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