EURUSD Market Update 12 Mar 2022

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Latest Market Update

The next FOMC Interest Decision and Press Conference will be held on 15-16 Mar 2022.

In the current market, there are way too many uncertainties such as the Russia-Ukraine war, a new 40 years high Inflation rate of 7.9%, FOMC decision on the speed of rate hike, sanctions between Russia and other countries, extreme volatility in the commodities market. Hence, it is time for us to be cautious again.