Summary The USD has stayed strong throughout the conflict, while the war on the continent has predictably hit the EUR harder. GBP remains relatively strong against EUR but could weaken the short term due to rising energy
This week, the war will be the deciding factor of market sentiment, but we also have a packed schedule of economic data releases and speeches from central banks and leaders.
The war of words will continue this week as Russia and the U.S. battle to control the narrative around the Ukraine conflict whilst European allies push for a diplomatic solution.
Uncertainty will continue to affect markets this week, but an all-out war looks unlikely. Washington and Moscow are engaged in an infowar to set the narrative whilst European leaders remain
Euro After an impressive rally against the dollar, the Euro faces bearish pressure this week. A hawkish change of tone from the European Central Bank pushed the Euro nearly 1.7%
Last week proved to be very volatile, as predicted, with the FED’s FOMC meeting pushing investors to move further away from risk. The same topics of inflation, Russia, and earnings
Last week we witnessed a remarkably volatile sell-off of riskier assets as a combination of earning reports, geo-politics and inflation fears were compounded with rising covid cases around the globe.
Last week was packed with data drops and news from the USA including more negative inflation figures that saw all other majors advance against weakened Dollar demand. This week will
USD We are set for a volatile week with several high impact data releases due over the next few days with the added pressures from testimonies and speeches by Federal
2021 marked an outstanding year for the US dollar as it rallied against all other majors clocking up a tidy 10% gain against the Japanese Yen and brushing off pandemic
