The EUR/USD pair has plummeted, now trading below 1.1100 during early European trading sessions. This decline results from substantial selling pressure as the US dollar strengthens. The shift is attributed to the United States and China announcing a significant reduction in tariffs for 90 days, exceeding market expectations. The latest developments have intensified the volatility for EUR/USD, with traders bracing for further fluctuations. Stay informed on how trade negotiations impact this pair in the coming days.