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EURUSD: Weekly Analysis & Outlook

The geopolitical and military context still dominates investors and this, as we said more than a year ago with the outbreak of the war in Ukraine, could continue over time. The Biden administration is already focused on next elections in just over a year, and therefore is unlikely to make risky moves against a good part of the electorate and public opinion. On the Indo-China front, the BRICS appear to be more cohesive and determined in achieving their goals. Although China is experiencing some setbacks regarding the economy, President Xi Jinping seems to be gaining more and more political power internationally, and even if it is no longer the object of attention from the unwary, we maintain high attention regarding Taiwan.

Weekly Analysis | 1W Chart |

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