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June 2, 2025

US Dollar Dips as Tariff Tensions Escalate: Key Insights for Traders

The US Dollar has weakened, influenced by increasing tariff tensions which raise doubts about economic stability. This report highlights crucial support and resistance levels for both EURUSD and GBPUSD that traders should monitor closely. As tariffs escalate, market participants need to assess their trading strategies based on evolving economic indicators and sentiment. By understanding the potential implications of trade policies, traders can better navigate the Forex landscape and make informed decisions. Pay attention to market signals indicating shifts in dollar performance.

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