Financial markets continue to reject risk due to the crisis in Eastern Europe.
Investors were surprised by a tightening of monetary policy by the US Federal Reserve.
A new yearly low of 1.0805 is on the horizon for the EUR/USD pair.
The EUR/USD weekly forecast is slightly positive as the US dollar retreated last week despite the Fed’s rate hike. In addition, the Russia-Ukraine peace talks improve the risk sentiment.– Are you interested in learning more about STP brokers ? Check our detailed guide- The EUR/USD pair recovered last week, closing at 1.1050, after hitting the weekly highs of 1.1136. After three weeks, the financial markets were preoccupied with the development of Russian-Ukrainian relations and the lack of progress in the peace talks. The Russian invasion of Ukraine Suppose it aligns with its main strategy, which is for Kyiv to recognize Donbas’ independence by establishing the […]
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