# EUR/USD: Potential for Decline Below 1.2000 Remains Alive in the Short Term

> EUR/USD remains at risk of falling below 1.2000 in the short term after ECB comments on tightening and slow euro-area vaccine rollout weighed on the euro. The Fed's reluctance to address rising long-term yields keeps capital flowing into US Treasuries.

- Date: 2021-03-02 · published 2021-03-02T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/11422-eur-usd-potential-for-decline-below-1-2000-remains-alive-in-the-short-term
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

This is technical and sentiment commentary with no direct supply or demand change for feed commodities, so the link to grain and meal prices is indirect.

## Read by commodity

- EURUSD: bearish ▼

## Sources

- investingcube.com: https://www.investingcube.com/forex/eur-usd-potential-for-decline-below-1-2000-remains-alive-in-the-short-term-forex/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.