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May 27, 2025

EUR/USD Gains Momentum as Trump Delays EU Tariffs

The EUR/USD pair is trading positively, nearing the 1.1395 level during the Asian trading hours on Tuesday. The Euro has risen to its highest value in late April against the US Dollar after President Trump announced a delay in imposing 50% tariffs on Europe. This development has rekindled market enthusiasm towards the Euro, which could shape future trading activity. Traders should closely monitor how these political decisions may influence currency movements in the days to come.

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