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January 8, 2025

EUR/USD Under Pressure from Tariff Threats

The Euro (EUR) has come under renewed pressure in light of fresh trade tariff threats. Following the recent report indicating possible tariffs from President Trump, the currency experienced significant downward pressure, exacerbating ongoing challenges faced by the Eurozone. Analysts suggest that combined factors such as weak economic data from the Eurozone and strong dollar momentum will continue to impact the EUR/USD pair moving forward. Traders should watch for developments that could further influence this dynamic.

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