EUR/USD Forecast: Shot down as safe haven flows move into the greenback

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EUR/USD Forecast: Shot down as safe haven flows move into the greenback
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Euro has been under immense pressure on Thursday as the markets moved back into a cheaper US dollar EUR EURUSD $EUR $EURUSD

between Russia and Ukraine boosted demand for safe-haven currencies. The greenback is on track for a rise of around 1.6% for the month of March, and around 2.8% for the first quarter while hope from earlier this week that peace talks would lead to a ceasefire in Ukraine five weeks after Russia's invasion has dwindled.

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