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EUR/USD Latest: EURUSD Resilient Ahead of Inflation Print, NATO Meeting

November 16, 2022

Via: DailyFX

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.

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