EUR/USD Falls Below 1.0300 Amid US Tariff Implementation on China
The EUR/USD pair extends its losing streak as it drops below the 1.0300 mark, trading around 1.0280 during the Asian session on Tuesday. The downward movement follows the US Dollar’s appreciation when the 10% tariffs were enacted on China, fueling concerns about economic implications and further shifts in the currency exchange landscape. Traders are now reflecting on how low EUR/USD might go in response to these tariffs.