Markets are poised for volatility as US President Trump’s speech at the World Economic Forum in Davos is expected to shape trading sentiment today. The USD is currently trading at 1.12 against the EUR, reflecting a slight uptick as traders anticipate potential shifts in fiscal policy. Investors are keenly watching for any signals that could impact the exchange rate and influence broader market dynamics.
Meanwhile, safe-haven currencies like the JPY are under pressure, trading at 109.5 against the USD. As geopolitical tensions linger, the market is sensitive to any comments from Trump regarding trade relations and economic growth, which could lead to sharp movements in currency pairs. Traders should be prepared for a potentially active session as the implications of the President’s remarks unfold.
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Data Source: FX Killer Analysis Team Updated: 2026-01-21 08:31
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.