It seems that there is no announcements regarding Policies in September.
That could result in removing some uncertainty from Dollar in regards to the EURO.
EURO had appreciated a lot due to announcement of recovery fund and uncertain data by the Dollar, For now is there no such shine remaining in EURO and the recovery fund was over valued. We can see some correction now in near term.
What options do we have?
Covid-19 spreads in Europe:
Dollar will be considered as ultimate Safe-heaven. EURO skewed to the down side.
Source “TASK SOLUTIONS (PVT) LTD”