fxstreet.com 23 Feb, 2021 08:30 am

Is the USD picture turning fragile?

Is the USD picture turning fragile?
Yesterday in Asia, the reflation trade simply continued with commodities and yields succeeding another leap higher. However, gradually the rise in com

Markets will also look out for strong On EMU bond markets, we look out how long the correction on Lagarde’s verbal interventions lasts.strong traded strong European equities reversed part of the initial losses losing less than 0.An outright verbal intervention toward (European) bond markets.However, the focus will be on Fed Powell’s semi-annual testimony before the Senate.

The issue will be topic of debate at the Feb 25-26 EU Summit.strong A better German IFO business confidence wasn’t enough to restore reflationary spirits.

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