【Key Currency "Dollar $" Feature Part ④】Euro-Dollar Edition: 2021 U.S. Dollar Straight Currency Pair Big Forecast
【Feature】 The U.S. dollar is not a mere figure of speech!
Conquer the FX market by conquering the dollar!
The dollar is the base currency and is said to account for half of the trading volume in the FX market. Many Japanese traders plan their trade strategies for each currency pair around the yen, but all currency dealings and trade benchmarks are centered on and anchored by the dollar. By learning about the dollar, you can gain an edge in FX as well. Here, we first unravel the history of the dollar, then study useful trade-related Q&A, and finally look at the dollar/strong-dollar outlook toward 2020.
・① A refresher on the base currency dollar — seeking the king of currencies, the dollar!
・② Learn FX-useful questions about things related to the dollar through Q&A
・③ USD/JPY chapter: 2021 major projections for dollar-strength currency pairs
・④ EUR/USD chapter: 2021 major projections for dollar-strength currency pairs ←This article ends here
・⑤ GBP/USD chapter: 2021 major projections for dollar-strength currency pairs
・⑥ AUD/USD chapter: 2021 major projections for dollar-strength currency pairs
※This article is a reprint/edit from FX-Tactics.com February 2021 issue. Please note that the market information described herein may differ from the current market conditions.
EUR/USD, the currency pair with the world’s highest trading volume. The euro is a relatively new currency created in 2002 and circulates in most EU member countries. On the other hand, since the Lehman Brothers crisis in 2009, Greece, Spain, Italy’s fiscal crises, and the UK’s Brexit have piled up issues. 2020 is the year the UK formally leaves the EU, but what will happen in 2021?
