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April 29, 2025

EUR/USD Slides Toward 1.1400 Amid US-China Trade Tensions

The EUR/USD currency pair has edged lower to near 1.1400 during European trading hours on Tuesday. Despite the overall weakness of the US Dollar (USD), the pair struggles to gain traction. The decline reflects a more cautious market sentiment amid escalating uncertainty regarding the trade outlook between the United States (US) and China. Traders are watching closely for signs that could signal a shift in trade relations, which might affect the Euroโ€™s performance against the Dollar. As the global trade landscape evolves, fluctuations in the EUR/USD pair will likely continue. Investors should keep a keen eye on market news and potential triggers that could lead to significant movements in this major currency pair. The strength of the Euro against the USD will depend on how geopolitical events unfold in the upcoming days.

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