The EUR/USD pair bounced back as investors assessed the damage caused by the recent Russia sanctions and the impacts on the European and American economies.
TRADE EUR/USD NOWThe EUR/USD pair declined sharply on Monday morning as investors rushed to the safety of the US dollar. The decline happened after a flurry of activity during the weekend that sought to isolate Russia for its invasion of Ukraine.were broad and will have an impact in and outside Russia. For example, western countries changed Putin’s calculus by blocking some of the Bank of Russia reserves.
For example, based on the first estimate, analysts expect the data to show that the PMI rose to 58.5. For the European Union, analysts expect the data to show that the PMI rose to 58.4 in February.
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