EURUSD Bulls Expected to Gain Traction as Tariffs Take Effect
Following the recent tariff announcements, the Euro (EUR) has rallied sharply, driven by market reactions. The reciprocal tariff rate of 20% on the EU aligns with street expectations, fostering bullish anticipation among traders. Positions are being adjusted as market trends suggest growing confidence in the Euro’s performance against the US Dollar (USD). Investors should be prepared for tactical adjustments as this situation unfolds, as the impact of tariffs is far-reaching in the currency market. Close monitoring of price action will help traders capitalize on upward movements in this pair.