EUR/USD is above 1.04

  • The USD is lower across the major FX board, euro is outperforming

The 'risk' trade is winning in early Asia. US equity index futures have opened for the week's trade on Globex, up from Friday's close.

In FX the US dollar is a touch lower:

  • EUR
  • GBP
  • AUD
  • NZD

are all higher.

USD/JPY is, as usual, beating its own path, tracking todawrd 151.00 sa I post.

EUR is liking the weekend news of potential progress on Ukraine. Zelenskyy met with UK PM Starmer, getting solid support.

Zellenskyy also says Ukraine is ready to sign a minerals deal with the United States.

EUR/USD update:

eurusd gap higher 03 March 2025 2
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