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EUR/USD analysis: Euro falls amid raised geopolitical risks
The EUR/USD has understandably weakened along with most other risk assets following the unfortunate events at the weekend. However, all hope is not lost for the EUR/USD bulls, following last week’s recovery. Global bond yields have dipped, and this is something that could pressure US yields when they re-open on Tuesday, and possibly weigh on the dollar – especially if there are no major escalations in the Middle East. What’s more, once the focus returns to fundamentals again, then there is the potential for upcoming US data to disappoint expectations later in the week. So, while it may be down, the EUR/USD is ... (full story)