The Russian-Ukrainian War Drags Down European Economy, EURUSD Continue To Fluctuate With Bears
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U.S. President Biden participated in the NATO summit and announced that United States would join other Western countries to prepare for possible attacks on Russia. In addition, the IHS Markit survey report showed that the overall European economy was affected by the Russian-Ukrainian war and was in a dilemma, hit the euro. In addition, coupled with the strong economic data in the US job market, the Fed might continue to raise interest rates by 25 basis points, the US dollar will strengthen. Therefore, it is expected that the trend in EURUSD will continue to fluctuate with bears.
Trends in EURUSD can pay attention to…
-Latest news on the Russian-Ukrainian war
-22:00 University Of Michigan Consumer Confidence Index (FINAL)(MAR)
-22:00 U.S. Existing Home Contracted Sales Index Monthly Rate (FEB)
Which will affect the trend in EURUSD. Investors must Grasp the opportunity to make an order.
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