XE Market Analysis: Europe – Mar 08, 2018

The dollar majors have settled to consolidation into the ECB announcement and as market participants continue to monitor the evolution of Trump’s tariffs, which will reportedly be signed off on today, and become effective in two weeks time, but which will include temporary exceptions on Mexico and Canada (subject to how the Trump administration deems NAFTA negotiations go). Exceptions may also be made to other countries, which has helped shore up Wall Street and global stock markets.

Source: XE news feed
XE Market Analysis: Europe – Mar 08, 2018