Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Mar 22 - 09:55 AM

EUR/USD: Noisy In The Short-Term With Risks Remain Tilted To The Downside - Citi

By eFXdata  —  Mar 22 - 08:43 AM

Citi summarizes its bias on EUR/USD in the near-term.

"EURUSD in the short-term is noisy. Ahead, risks remain titled to the downside. We highlight a dovish Fed, the value rotation in equity space, and benign developments on the political and fiscal fronts will support EUR, while being a laggard in global rise in yields, slow vaccination progress, and new lockdown measures point to EUR weakness," Citi notes. 

"Ahead, this week, we watch the EU Summit on Thursday & Friday where vaccine export restrictions are likely to be front-and-centre." Citi adds. 

Citi Research/Market Commentary


  • eFXplus
  • End-user license agreement (EULA)


  • About
  • Contact Us


  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2021 eFXdata · All Rights Reserved