Forex Analysis by Investing.com (Barani Krishnan) covering: EUR/USD, US Dollar Index Futures, United States 10-Year, EUR/USD exchange rate cash Futures. Read Investing.com (Barani Krishnan)'s latest article on Investing.com
Geopolitical events in the Middle East fuel risk aversion, boosting the dollar's safe-haven status.EUR/USD
In its safe-haven role, the dollar is again the king of the forex heap, rubbing a little shine off everything it’s been paired with — evenWe’ll get to a detailed study of the EUR/USD outlook imminently with Investing.com’s regular technical charts collaborator Sunil Kumar Dixit. But let’s first examine market events and variables that may influence the euro-dollar relationship.
Italian inflation data is expected to show an annual fall of 5%, a deterioration from the previous month’s 2.1% drop, an indication of the difficulties the region is having the day after the equivalent German release added fuel to fears of a potential recession.
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