The EUR/GBP currency pair has continued its decline, now trading near the 0.8250 level during Thursday’s Asian session. This downward trend marks a second consecutive day of losses, primarily driven by rising concerns over potential 25% tariffs on the European Union as threatened by US President Donald Trump. The Euro has weakened considerably amidst these developments.

Market analysts suggest that this tariff threat is creating significant pressure not just on the Euro but also on European markets as a whole. Investors retreating from the Euro may look for safer assets, leading to further volatility in the EUR/GBP pair. Continued focus on political and economic relations between the US and the EU will remain crucial as this situation unfolds.