FX Strategist Says ‘Why Not?” to Euro Profit Taking

The video discusses the current state of the euro and dollar, highlighting the European Central Bank's (ECB) mild jawboning of the currency. It emphasizes the greater impact of domestic consumption and COVID-19 on monetary policy over currency fluctuations. The transcript also covers the euro's recent rise, profit-taking, and the anticipation of the ECB's upcoming meeting, where potential dovish shifts and quantitative easing (QE) expansions are considered.

Discuss the potential impact of COVID-19 on the ECB's inflation and growth forecasts.

What are the expectations regarding the ECB's upcoming meeting and potential policy changes?