EUR/USD Forecast: Euro buyers hesitate after Trump tariff remarks

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EUR/USD Forecast: Euro buyers hesitate after Trump tariff remarks
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After reaching its highest level since early December above 1.0530 on Monday, EUR/USD lost its traction and erased a large portion of its daily gains.

EUR/USD retreats below 1.0450 following Monday's volatile action. The US Dollar holds its ground following President Trump's remarks on tariffs. The technical outlook highlights a loss of bullish momentum in the near term. The pair came under renewed bearish pressure early Tuesday and retreated below 1.0450 by the beginning of the European session. Euro PRICE Today The table below shows the percentage change of Euro against listed major currencies today.

0540 and 1.0600 . Euro FAQs What is the Euro? The Euro is the currency for the 19 European Union countries that belong to the Eurozone. It is the second most heavily traded currency in the world behind the US Dollar. In 2022, it accounted for 31% of all foreign exchange transactions, with an average daily turnover of over $2.2 trillion a day.

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