A US delegation, headed by JD Vance and Marco Rubio, is set to meet with Danish and Greenlandic officials today. However, as noted by ING's FX analyst Francesco Pesole, the forex market has largely absorbed the geopolitical risks posed by US threats, resulting in only limited potential for any positive adjustment in the EUR/USD exchange rate.
Despite these talks, the current risk environment suggests that traders are not expecting significant changes. The EUR remains under pressure against the USD, with modest scope for any geopolitical premium to unwind. As a result, the currency pair is likely to experience muted price movements in the short term, reflecting a cautious sentiment among investors.
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Data Source: FX Killer Analysis Team Updated: 2026-01-14 08:58
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.