On Monday, EUR/USD fell below the critical 1.0800 threshold as market sentiment struggled with mixed economic indicators and ongoing tariff anxieties. Investors breathed a sigh of relief when US President Donald Trump signaled the possibility of tariff exemptions scheduled for April 2. However, Purchasing Managers Index (PMI) survey results still raise red flags, indicating potential challenges ahead.

Economic concerns are rocking the currency market, with investors closely watching to see if the data could sway the ECB’s monetary policy. With the Euro Zone facing multiple economic hurdles, traders remain on high alert.

Ultimately, the sentiment surrounding Euro and Dollar dynamics remains complex, and the forthcoming data may very well shape market direction.