The EUR/USD is experiencing downward pressure as fears surrounding powerful tariffs loom large in the economic landscape. Investors await crucial announcements scheduled for later today, which could notably shift market sentiment. France’s government has indicated expectations of tariffs within the range of 20-25%. This uncertainty adds to the volatility faced by the euro against the dollar. As traders continue to navigate through these turbulent waters, remaining informed on tariff developments will be essential for forecasting market movements. The stage is set for potential shifts in currency evaluation as new information unfolds.