• EUR/USD: Risks remain tilted to the downside - Citi

Market news

22 March 2021

EUR/USD: Risks remain tilted to the downside - Citi

eFXdata reports that Citi discuss EUR/USD prospects.

"Risks for EUR/USD 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. This week, we watch the EU Summit on Thursday & Friday where vaccine export restrictions are likely to be front-and-centre." Citi adds. 

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