15 January 2021, EUR/USD
EURUSD trading plan:
In euro area government bond markets, improving risk sentiment had supported a further decline in spreads of lower-rated sovereigns in recent weeks. All euro area countries could now fund long-term borrowing at, or below, rates equivalent to the GDP-weighted average of the rates on bonds of non-euro area advanced economies. Benign conditions in sovereign bond markets and increased risk appetite had also left their mark on euro credit markets. Spreads of financial and non-financial issuers had fallen further and were now approaching their pre-COVID-19-crisis levels.
Investment idea: Buy 1.2121 and take profit 1.2200.
en 
id 
ar 
ru 
vn 
es 
pt 
kz 
ua 
tj 
uz 
az 
ms 