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April 3, 2025

EUR/USD Soars as PMI Data Lifts Euro and Dollar Faces Tariff Pressure

The EUR/USD currency pair is experiencing a significant surge after the latest PMI data release combined with tariff announcements. Trading above the important psychological level of 1.1000, investors are taking note of the positive momentum surrounding the euro. Meanwhile, the US dollar struggles under the weight of tariffs impacting market confidence. Traders must stay alert to how these elements will play into future currency exchanges as both economic indicators and political developments unfold.

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