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April 2, 2025

EURUSD Consolidates as Traders Await Tariff Announcements

The EURUSD pair remains in a consolidation phase, hovering near the 1.0800 level as traders anticipate Trump’s long-expected announcement on reciprocal tariffs. This uncertainty is palpable as market participants await clearer directives. The ongoing speculation around tariffs continues to cloud the market, as traders remain on high alert for any developments that could impact the Euro and Dollar dynamics.

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