The first week of March saw continued weakness in the U.S. Dollar, driven largely by ongoing uncertainty surrounding tariffs and the geopolitical situation in Ukraine.
The tariff debate is unlikely to reach a resolution anytime soon, meaning market volatility linked to trade policy is here to stay. For those trading USD who weren’t around during Trump’s first presidency, expect tariff-related shocks to be a recurring theme.
Looking ahead, the second week of March is set to be eventful, with both political developments and key economic data releases shaping market movements. While political announcements—particularly from the White House on trade policy—are unpredictable, economic indicators will provide clearer direction for currency markets.
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