EUR/USD may convulse ahead of key economic data out of the US and Eurozone as the war in Ukraine heats up, and fears of a Russian default may push investors into the arms of the USD. Get your market update from DimitriZabelin here:
Increasingly soft data out of Europe could apply bearish pressure to the single currency, though this may be limited as policymakers emphasize the need to get inflation under control. Extraordinary circumstances would be needed to cause a serious reversal in ECB monetary policy. Consequently, this may limit downside Euro volatility.
once that was priced in however, and the pair plunged. It is not inconceivable that something like this could happen again.introduced his new strategy in Asia to counter rising Chinese influence: the Indo-Pacific Economic Framework . The announcement came alongside a meeting of the Quad alliance of Japan, Australia, India, and the US.
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