EU Trade Commissioner Sefcovic says he is in touch with his US counterpart to get reassurances

Newsquawk Staff · 23 Feb 2026, 14:05 UTC

EU Trade Commissioner Sefcovic says he is in touch with his US counterpart to get reassurances.

What it means

The comments from EU Trade Commissioner Sefcovic indicate ongoing diplomatic efforts with the U.S., likely aimed at addressing trade concerns or uncertainties. This dialogue could influence forex markets, particularly in terms of USD and EUR dynamics, depending on the reassurances sought and how they may affect trade relations.

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US Market Open, 28 Oct, 10:34 UTC · what it led with

NQ futures outperform following SK Hynix's upbeat earnings.
DXY flat; NZD hit after the RBNZ unexpectedly held rates steady.

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DXY+0.1%

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