"Putin" all your eggs in one basket

With the tension still building between Russia and Ukraine, we are finally starting to feel the backlash of the war that we had not seen thus far. People have been bailing on the euro and buying up the USD, not because the USD is strong with a solid economy, it is the fear of Vladimir Putin’s unpredicted moves and the issues with the ECB. Since the beginning of the year the euro has lost over 6% against the dollar and now the USD has been gaining in ways that no one could have predicted surpassing the GBP and the JPY. Many different things can influence the strength or weakness of the USD.http://depthtrade.blogspot.com/