The situation is worsening in Europe. Infection rate has escalated to a problematic level, especially in France, Poland, Turkey, Italy and Germany.
Accordingly, global incidence increased to 580,000.
And sadly, the pace of vaccination is still slow. In fact, less than 10% of the population has been vaccinated in France and Germany
But in the United States and Britain, mass vaccinations have greatly reduced the number of infections.
EUR / USD
Euro continued trading downwards despite the weak data on the US economy. Obviously, the escalating situation with COVID-19 affects the euro more.
Open short positions from 1.1870.
Open long positions no earlier than 1.1950.
The material has been provided by InstaForex Company – www.instaforex.com
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