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EUR/USD. From Washington to Burgenstock: Geopolitics Sets the Tone for Trading
The euro-dollar pair was trading on
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The euro-dollar pair was trading on Monday near Friday's closing, in the mid-14 range. Recent geopolitical events have not inspired EUR/USD buyers to move towards the 15 range, nor have they allowed sellers to return to last week's price lows.Geopolitics remains at the forefront of EUR/USD traders' attention. One could say that market participants exhibit cautious optimism regarding the initial outcomes of the negotiations, but also maintain a "healthy skepticism" about the prospects for a full-fledged deal. However, there
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Irina Manzenko,
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