DCHF - G10 FX Week Ahead: Virtual Healing
By Chris Turner, Global Head of Markets and Regional Head of Research, Francesco Pesole, FX Strategist and Petr Krpata, Chief EMEA FX and IR Strategist
Thursday's virtual EU Council meeting will take centre stage this week. Eurobonds hardly look feasible but a new recovery fund perhaps? With the ECB standing ready to buy more Italian bonds, a debt crisis and a drop in the EUR - should be averted. The dollar should remain in a downtrend, while JPY still looks like the best value bet
USD: The downtrend is slow progress
- There is a