Forex Pairs In Times Of Unclear Geopolitical Situation: EUR/USD Has Decreased By 0.2% Over Last Month

Forex Pairs In Times Of Unclear Geopolitical Situation: EUR/USD Has Decreased By 0.2% Over Last Month

EUR/GBP has gained over 1% in the same period of time and USD/CHF seems to be unchanged. USD/PLN after a significant weakening of zloty at the beginning of the month switched to a downtrend. USD has weakened after rumours of a ceasefire, so the pair has fluctuated. However, the Russia-Ukraine conflict is not ended yet and the situation on the markets is uncertain. Many assets are more and more volatile and investors wonder what should be their next moves.

One of the questions is how long will Europe depend more on the own currency than on USD.

EUR/USD Chart – Monthly

Forex Pairs In Times Of Unclear Geopolitical Situation: EUR/USD Has Decreased By 0.2% Over Last Month - 1

EUR/GBP Chart – Monthly

Forex Pairs In Times Of Unclear Geopolitical Situation: EUR/USD Has Decreased By 0.2% Over Last Month - 2

USD/CHF Chart – Monthly

Forex Pairs In Times Of Unclear Geopolitical Situation: EUR/USD Has Decreased By 0.2% Over Last Month - 3

USD/PLN Chart - MonthlyForex Pairs In Times Of Unclear Geopolitical Situation: EUR/USD Has Decreased By 0.2% Over Last Month - 4

Source/Data: TradingView.com

Charts: TradingView.com

Mikołaj Marcinowski

Mikołaj Marcinowski

Business Development Manager FXMAG

Journalist, finance passionate