Global FX Market Summary: US Stagflation Fears, Tariff Shock Jolts Dollar, ECB-Fed Divergence Lifts Euro, Gold Steady- 20 February 2026
US faces stagflation: weak growth, rising inflation, legal tariff rollback shocks dollar, while ECB-Fed divergence drives euro strength. The US Economy’s Stagflationary Trap The United States is currently grappling with a jarring economic disconnect that has left currency traders in a state of high alert. The latest data presents a classic stagflationary headache: growth is

