Interesting to see both Federal Reserve and European Central Bank’s minutes have echoed a theme of uncertainty pertaining the future economic outlook. But then again, it is an unprecedented situation that the world’s economy is currently facing – with quite not end in sight for the Coronavirus woes despite the race to the vaccine finishing line.
The EUR/USD are seeing the bulls back in action, most probably due to the rise in US Jobless Claims – as it moved up to 1.106mio – causing concern over the real state of the US economy. The pair was seen trading at 1.1885 between a low of 1.1802 and a high of 1.1868, earlier. The question is: how long will the bull maintain its grip on the reins? Do share your thoughts!
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