I remain bearish on EUR/USD
The correction is over and a new one isn’t likely to begin. We will probably get another reminder to the main driver of the pair down: monetary policy divergence, with a strong message from the ECB. A deal with Greece, which could be closer than many think, would be good news, but could provide only temporary relief for the common currency. In the US, data is improving, and the dollar takes advantage of every bit of optimism.
In our latest podcast, we explain the recent USD rally, what’s ahead and lots more