Markets Stay Under Geopolitical Pressure

Forex News

Financial markets remain under pressure from geopolitical events in the world. North Korea reported that it is preparing for the next launch of the missile, which can fly to the west coast of the United States.

Political risk in the EU continues in connection with the debate on the independence of Catalonia. The fall of the EUR/USD pair may continue. The political risks in the UK and the lack of progress in the Brexit process are the most significant factors in reducing the pound.

The US consumer price index is the central event this week, which could significantly affect state of the US currency.