EUR/USD: Euro on hold at the threshold of 1.0950 with investors on calm after the panic

The single European currency is trading slightly below 1.0950 in the early hours of Tuesday morning as investors try to manage the turbulent developments where, in the wake of President Trump's imposition of high tariffs, international stock markets are experiencing a mini-crash.

This development gave a temporary strong boost to the US dollar, with the exchange rate falling below the 1.09 levels at the start of the week.

My thoughts as expressed in previous articles regarding my desire to maintain a position in the US currency were fully confirmed as the market anxiety led investors, albeit belatedly, to the safe haven currency, the US dollar.

President Trump's decisions have confirmed his reputation as a fairly unpredictable man, and the '' tariffs dance '' that has begun is expected to remain high on the agenda for a long time, significantly affecting the global economy and international financial markets.

High volatility in international markets is natural to affect the foreign exchange market, with strategies that will try to exploit high volatility being of significant interest.

On the Ukrainian front, unfortunately, optimism is quite limited and despite some efforts for a temporary ceasefire in the Black Sea and in energy infrastructure, the thorns remain large and the road to definitive peace is still long.

Following recent developments with the imposition of tariffs by the United States on key trading partners, but also statements of retaliatory moves by a large group of them, several bets regarding the prospects for interest rate cuts appear to be changing.

The next meetings of the Fed and the Ecb are expected to be very high on the investors' agenda very soon as the estimates are controversial with the bets changing day by day.

So far the US dollar continues to enjoy higher interest rates and it will be very difficult to reverse this in the near future.

Today's agenda is relatively poor, with the result that all interest will be focused on the course of international stock markets and whether there will be any continuation of the signs of balance shown by yesterday's closing of American markets.

I will maintain the same thoughts, I believe that the increased volatility in the markets will also have an impact on the exchange rate with the option to buy the US dollar at the peaks remaining my best idea at the moment .