FX.co ★ Outlook on EUR/USD for March 1, 2021

EUR/USD

The morning positive news on the EU did not support the euro.

The euro is under pressure after the US Congress passed a huge $1.9 trillion stimulus package.

This package will boost economic growth and raise yields in the US - with which there is an overflow of capital.

The US ISM is expected to be released at 10:00 EST.

You may keep euro sales from 1.2108.

Stop at 1.2153.