The outlook for EUR remains tied to the EU's ability to overcome its coronavirus pandemic. At present, the outlook appears bleak, with many European countries entering third waves. Additionally, vaccinations remain frustratingly slow, a result of ongoing supply constraints and rising anti-vaccine attitudes.
Amongst European countries of concern are its flagship, Germany, alongside France and Italy. Other notable countries of concern are Hungary, Poland and Sweden.
For EUR's fundamental outlook to improve, it will need to overcome its ongoing vaccination frustrations and see a significant increase in the total number of citizens vaccinated. At the time of writing, just 17.94% of EU citizens have received at least one dose.
Amongst European countries of concern are its flagship, Germany, alongside France and Italy. Other notable countries of concern are Hungary, Poland and Sweden.
For EUR's fundamental outlook to improve, it will need to overcome its ongoing vaccination frustrations and see a significant increase in the total number of citizens vaccinated. At the time of writing, just 17.94% of EU citizens have received at least one dose.