INTERNATIONAL HIGHLIGHTS
More favorable economic outlook in ZE
The EUR/USD pair depreciated by -0.32% this week to 1.0458.
Negotiations regarding the end of the war in Ukraine have revived expectations of a return of economic growth in the Eurozone. The increase in tariffs on US imports remains a significant risk factor but remains pending, particularly following the 1-month postponement of the decision regarding Mexico and Canada.
The minutes of the last FOMC meeting indicate that the Fed would not reduce its Fed Funds rates until the 2nd half of the year, which supported the Dollar this week.
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