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 significance of diversification away from the dollar mentioned in the text?

What are the implications of the US dealing with its second wave of COVID-19 on the euro dollar?