EUR/USD Continues Upwards Thanks to Peace Talks and Tariff Delays
The Euro (EUR) continues to trade higher against the US Dollar (USD), bolstered by the news that reciprocal tariffs will not take immediate effect but will instead be reviewed in April. This extended push over six weeks indicates potential negotiations maturing among trade partners. The optimism surrounding the peace talks in Ukraine further frustrates those holding short positions on the euro. Overall, the market appears to favor the euro’s resilience against the uncertainties facing the broader economic landscape.
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