FX Weekly Recap: February 17 – 21, 2025
The majors were all about trade tensions and central banks’ moves this week, while market sentiment was all over the place as traders tried to make sense of geopolitical headlines.
The majors were all about trade tensions and central banks’ moves this week, while market sentiment was all over the place as traders tried to make sense of geopolitical headlines.
The EUR/USD pair has struggled to find footing, trading below the $1.06 and vulnerable to further losses. Tuesday has been hit by latest escalation in Russia’s war against Ukraine, something which has also weighed on European shares. Meanwhile, the dollar has maintained its gains against most currencies except the safe-haven Japanese yen, which rose along…
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