April 26, 2022 - 01:32 PM 297 views
At present, the COVID restrictions
and constant lockdowns in China, the Russia and Ukraine wars, and the resulting
supply chain constraints. These are having a huge and powerful impact on the
Forex market. Besides, according to the economists, the two factors that can
put heavy pressure on the euro currency are:
The pressure of the inflation
downfall continues for a long time if the supply chain disruptions continue.
The uninterrupted lockdowns and
COVID restrictions will have a great impact on the growth prospects of China.
The Chinese downfall may indirectly affect the European continent. This is one
of the reasons for the tightening of monetary policy and the increase in
interest rates in the eurozone.