Market news
11.06.2021, 07:21

EUR/USD: Real rate differentials point to risks of a pull lower – TDS

FXStreet reports that economists at TD Securities expect market attention to shift quickly to next week’s FOMC meeting.

“We expect recent ranges to remain in place for EUR/USD as market attention pivots quickly to next week’s FOMC meeting. In particular, we remain inclined to fade rallies toward the recent range tops around the 1.2250 (+/-) mark.”

“We think EUR/USD will struggle to break to new highs for the cycle unless a fresh catalyst emerges. At this point, we would have to look for this to emerge from the USD leg, as the European event risks calendar quiets down for the summer.”

“We think the pair may begin to feel the pull lower from real yield differentials. Much will depend, of course, on next week's Fed policy meeting, where we see scope for markets to price in a less-dovish view.”

© 2000-2021. All rights reserved.

This site is managed by Teletrade D.J. Limited 20599 IBC 2012 (First Floor, First St. Vincent Bank Ltd Building, James Street, Kingstown, St. Vincent and the Grenadines).

The information on this website is for informational purposes only and does not constitute any investment advice.

AML Website Summary

Risk Disclosure

Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.

Privacy Policy

Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to Automatic import of materials and information from this website is prohibited.

Please contact our PR department if you have any questions or need assistance at

Live Chat E-mail
Choose your language / location