In this video, we break down what the highly anticipated Trump-Putin talks could mean for the EUR/USD pair. The meeting is set for 21:30 CET, after markets close, so any immediate reaction may happen when they reopen.
Key scenarios include:
Positive Tone: If Trump and Putin get along, risk appetite could rise, but a potential Ukraine peace deal may reduce EU defence spending and weaken the Euro.
No Deal: If talks break down, fears of tariffs and trade war could resurface. While risk aversion often supports the dollar, increased US tariffs might instead fuel a "sell America" trend, which could help the Euro only slightly, with gold and treasuries likely benefiting more.
Tariff Threats: Trump’s push for a Ukraine ceasefire could see new tariffs if talks fail, putting the EU in a tough spot over Russian oil and risking Euro weakness due to potential slower growth.
Market movements will depend on the meeting's tone and follow-up statements, so stay tuned for how these geopolitical dynamics could drive EUR/USD next week!
This content is not directed to residents of the EU or UK. Any opinions, news, research, analyses, prices or other information contained on this website is provided as general market commentary and does not constitute investment advice. ThinkMarkets will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.
Key scenarios include:
Positive Tone: If Trump and Putin get along, risk appetite could rise, but a potential Ukraine peace deal may reduce EU defence spending and weaken the Euro.
No Deal: If talks break down, fears of tariffs and trade war could resurface. While risk aversion often supports the dollar, increased US tariffs might instead fuel a "sell America" trend, which could help the Euro only slightly, with gold and treasuries likely benefiting more.
Tariff Threats: Trump’s push for a Ukraine ceasefire could see new tariffs if talks fail, putting the EU in a tough spot over Russian oil and risking Euro weakness due to potential slower growth.
Market movements will depend on the meeting's tone and follow-up statements, so stay tuned for how these geopolitical dynamics could drive EUR/USD next week!
This content is not directed to residents of the EU or UK. Any opinions, news, research, analyses, prices or other information contained on this website is provided as general market commentary and does not constitute investment advice. ThinkMarkets will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.
Trade closed: target reached
EURUSD opened the week on a negative footing following the Trump-Putin meeting, with price action now hanging on the FOMC Minutes and Jackson Hole Symposium.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.