EUR/USD has shown great resilience to trade higher this morning despite yesterday’s unease following reports of a missile landing in Poland. Comments from Joe Biden suggest that based on the trajectory, it is unlikely the missile was fired by Russia. The projectile has Europe, NATO and financial markets on alert due to the potential of a wider conflict now that a NATO ally has been adversely affected by the Russia/Ukraine conflict.
NATO has scheduled an emergency meeting for 09:00 GMT to discuss the events of yesterday and the alliance’s response.
