The Institute for Supply Management is set to release the February US Manufacturing Purchasing Managers' Index (PMI) this Monday. This crucial indicator will provide insights into the health of the US manufacturing sector, attracting significant attention from market analysts and investors. Meanwhile, the article emphasizes that the views expressed are solely those of the authors and do not necessarily reflect the policies or positions of FXStreet or its advertisers.
In addition to the anticipated PMI data, market participants are focusing on US President Donald Trump's actions, particularly concerning tariffs. These developments contribute to heightened market volatility and uncertainty. Simultaneously, Gold prices have continued to advance, reaching around $2,870 per troy ounce, driven by higher yields and escalating geopolitical tensions.
The US Dollar has experienced a decline, further influencing the Forex market landscape. The article is designed to provide information on these market dynamics and is not meant to serve as investment advice. Both the author and FXStreet clarify that they are not registered investment advisors. The report is sponsored by a broker known for offering competitive spreads and fast execution for trading EUR/USD.
The backdrop of these market movements includes significant geopolitical events, such as the recent contentious interactions with Ukraine's President Volodymyr Zelenskyy at the White House. These dramatic occurrences unfold during a week marked by top-tier data releases, heightening market sensitivity.