EUR/USD Shows Resilience Around 1.1360 After Two-Day Gains
The EUR/USD currency pair has displayed resilience, stabilizing around 1.1360 during the Asian trading hours. After posting gains over the previous two sessions, this stability underlines the impact of a weakening US Dollar. The decline in the USD is heightened by growing trade tensions between the US and China, which could signify the potential for a global economic downturn. As the situation develops, traders should monitor the EUR/USD pair closely for signs of further price movement.