NEWS: EUR/USD Fed minutes correction was shallow and momentum still higher – SocGen May 20, 2021 at 08:32PM

NEWS: EUR/USD Fed minutes correction was shallow and momentum still higher – SocGen May 20, 2021 at 08:32PM

SocGen and Bank of America on the euro
Societe Generale Research maintains a core bearish bias on USD after yesterday’s FOMC minutes.

"EUR/USD failed to break 1.2250 yesterday equities suffer a
crypto-wobble and the Minutes came out, but the correction was shallow
and momentum is till upwards," SocGen adds.

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