FX.co ★ Trader’s calendar on March 21: USD to stagnate while markets hesitate?

The US dollar seems at risk of stalling near its five-month lows for an indefinite period. The main reason for this uncertainty is Donald Trump's aggressive trade policy. The US president's intentions to dismantle past trade relationships and reshape the global economy are marked by chaotic decision-making.

At the same time, his own Treasury Secretary, Scott Bessent, does not rule out a possible recession in the United States. If US economic data continues to show a decline, pressure on the dollar will only increase, allowing its currency counterparts to strengthen. Let us see how reports slated for release on Friday, March 21, could affect the market situation. You are watching Trader’s calendar.

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