The Euro has continued to grind higher with a softer USD largely dictating price action. This is despite apparent near-term concerns with regard to rising COVID cases and renewed slowing of major economies. More specifically, Poland and Hungary have vetoed further progress regarding the EU’s Budget and Recovery Fund in response to the rule of law. However, the Euro appears to have taken a blind eye to this, with the market view being that a compromise is likely to be reached before the first disbursements, which had been touted for mid-2021. EUR/USD: A gentle move higher for the Euro as it approaches 1.19, however, ... (full story)