The annual dollar rate of Libor has renewed its historical minimum on the interbank market in London. It signals a surplus of dollar liquidity in the financial system. An excess of dollars will have a negative impact on the US currency rate. The ZEW Institute has pleased investors with positive data on business activity in the euro area – the indicator rose to a six-month high on expectations of vaccination of the population against coronavirus infection.

The situation on the commodity market cannot be ignored: investors are increasing purchases of industrial metals and energy resources, which will also have a negative impact on the dollar, insofar as raw materials are quoted in the American currency.

Investment idea: Buy 1.2120/1.2105 and take profit 1.2170.