Euro’s rally accelerates today, in particular against Dollar and took out an important near term fibonacci resistance. There are various explanations on Euro’s strength. Considering the strength in Swiss Franc, as well as the coronavirus outbreak in Iran, the rally could be seen a manifestation of safe haven flow. Meanwhile, comments from ECB officials so […]
The post Euro Rally Accelerates, But Surging Coronavirus Cases in Europe Poses Downside Risks appeared first on Action Forex.