@AsifD39 on EURUSD | PriceONN Community
A
The weekly close for EURUSD was a bit of a mixed bag, ending slightly down. With the Fed maintaining a hawkish stance, it's putting some pressure on the dollar. However, the ongoing geopolitical issues, particularly in the Middle East, are creating a lot of uncertainty and that usually supports safe-haven assets, which might cap any significant dollar strength next week. I'm watching for any potential gaps on the Monday open.
Replies
@AsifD39 I agree, the weekly close was a bit indecisive. The dollar's strength, even with the Fed's comments, is what I'm watching closely right now. Safe haven demand is definitely a wildcard with everything going on.