Even as US and UK financial markets remain closed today, the Euro is facing critical resistance at the 1.1400 mark. According to reports, President Trump has softened his stance on the impending 50% tariffs on EU goods previously set for June 1. This decision comes after productive discussions with European Commission President Ursula von der Leyen, emphasizing the pursuit of a mutually beneficial agreement. Traders should watch this space closely as these developments unfold and shape market expectations.