EUR/USD Forecast: Euro Hits Pre-COVID Levels, Further Weakness to Come?
Summary
By sueyangfx.com November 25, 2021 at 12:08PM The Euro has had a tough 2021 thus far, and could only get worse. A dovish ECB coupled with present COVID-19 concerns, EUR/USD is primed for further downside.
More On DailyFX - Market News
- US Dollar Price Action: Hawkish Powell and Potential Month-End USD Buying
- British Pound Falls, US Dollar Soars on Fed. Will Boris Johnson Issues Drag GBP/USD?
- British Pound Falls, US Dollar Soars on Fed. Will Boris Johnson Issues Drag GBP/USD?
- Gold Price Crumbles After Hawkish Fed Boosted US Dollar. Where to for XAU/USD?
- Supportive USD Fundamentals and DXY Setup Ahead of FOMC
November 25, 2021 at 12:08PM
The Euro has had a tough 2021 thus far, and could only get worse. A dovish ECB coupled with present COVID-19 concerns, EUR/USD is primed for further downside.