This Tuesday, January 25, 2022, the European currency recorded a decline against the US dollar. The US Federal Reserve meets Tuesday and Wednesday to discuss the fight against inflation.

Galvanized by the anticipated outcome of a meeting of the US Federal Reserve (Fed) and by geopolitical risk, the euro yielded 0.36% to 1.1286 dollars per euro, its lowest for two weeks. The Fed, which meets on Tuesday and Wednesday, should prepare a rate hike for its next meeting in March in order to fight against inflation.

The euro is also suffering from tensions in Ukraine, while Washington announces that it has placed 8,500 soldiers on alert in the context of the Ukrainian crisis. The dollar is sought after as a safe haven, while the eurozone economy could be affected by disruptions in the natural gas market.

Bitcoin, which suffered from the return of caution in the market, hit a six-month low on Monday at $32,970 before rebounding, and remained on the defensive (-1.1% to $36,441).