EUR/USD rebounds as Trump’s tariffs agenda seems less disruptive
EUR/USD finds support below 1.0800 as the US Dollar struggles to extend upside amid easing fears of impending tariffs by the US on April 2. Preliminary US S&P Global Services PMI gained significantly in March. The ECB is expected to cut interest rates again in April. EUR/USD finds cushion around 1.0780 and rises to near 1.0825 during North American trading hours on Tuesday. The major currency pair attracts bids as the US Dollar (USD) drops on the narrower-than-feared tariff agenda of United States (US) President Donald Trump. The US Dollar Index (DXY), which tracks the Greenback's value...
