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EUR/USD hasn’t reached the bottom yet (video)

FBS

Now it’s all about the difference in the monetary policy between the euro area and the United States. This difference makes EUR/USD decline to the new minimums.

While German business sentiment fell to its lowest level in nearly 1-1/2 years, US new home sales surged to the highest level in more than 6 years. The yield premium US Treasuries offer over German bunds approached 15-year highs. It means that the US is more attractive for the international capital flows than the euro area, and so is the USD in comparison with the EUR.

Source: https://fxbazooka.com/en/analitycs/show/2463
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