Euro-Dollar Target Moving Closer to $1.20: Credit Agricole’s Marinov

The video explores the mystery of major currency pairs, focusing on the euro dollar. It discusses strategies for betting on the euro, viewing it as a value trade due to its current low levels. The video highlights the trend of diversification away from the dollar, driven by the US's handling of COVID-19 and the attractiveness of European assets. This shift is expected to boost euro dollar purchases.

What is the current strategy regarding the euro-dollar pair?

• Invest in other currency pairs

• Avoid trading euro-dollar

• Short the euro-dollar pair

• Hold a long position in euro-dollar

What is the expected target for the euro-dollar pair?

• Below 1.10

• Around 1.15

• Closer to 1.20 or higher

• Above 1.30

Why is the euro-dollar considered a value trade?

• The euro-dollar pair is stable

• The dollar is strengthening

• The euro is undervalued

• The euro is overvalued

What is driving the diversification away from the US dollar?

• The US dollar is strengthening

• European assets offer better yields

• European assets are less attractive

• US assets offer better yields

What global event is influencing the currency diversification trend?

• Brexit

• US elections

• Second wave of COVID-19

• Trade wars