EURUSD Weakens Ahead of US PCE and Tariff Developments
In Friday’s European trading hours, the EUR/USD pair has weakened, trading near the 1.0775 level. This decline is attributed to anticipation surrounding upcoming announcements from President Trump regarding reciprocal tariffs set to be unveiled on April 2. As traders prepare for potential impacts on the forex market, monitoring these developments will be crucial. Currency traders should remain cautious as both inflation data and tariff policies could significantly influence the euro’s performance against the dollar.