The EUR/USD currency pair is currently experiencing volatility, trading at 1.0625 after the release of U.S. inflation data which has affected market sentiment regarding the euro.
The uncertainty surrounding U.S.-Eurozone trade relations under President Trump—predicted tariff increases—could diminish the euro's appeal, boosting the dollar as a safe haven.
Olli Rehn of the ECB has hinted at bringing interest rates to a neutral level of 2% to 2.25% by mid-2025, potentially weakening the euro.
The market's anticipation of U.S. inflation data, expected to show a rise to 2.6%, could bolster dollar strength if inflation encourages a hawkish Federal Reserve.
Collection
[
|
...
]