EUR/USD analysis for August 06 2020 – Third target at 1.1900 reached but with potential for re-visit and even test of 1.2000

Comments by BOE governor, Andrew Bailey We are not taking a strong signal from the recovery so far for what happens next We could do more QE, new forms of forward guidance Risks are skewed to the downside Further stimulus would depend on downside risks coming to fruition Faster economic data gives only a partial […]