EUR/USD bounces as market pressures abate
EUR/USD Increased – The currency pair went up by 0.8% on Tuesday after recent declines.
Trade War Fears Reduced – Markets believe Trump's tariff threats are just talk, as he has delayed many of them.
Economic Data is Weak – Europe has little important economic data this week.
Recovery from Drop – EUR/USD fell to near 1.0200 earlier but has now regained some value, though it’s still below 1.0400.
Tariffs Still Possible – Trump might still impose a 10% tax on European goods, but investors are less worried.
China Still a Target – The 10% tariff on China remains, but Trump backed off from raising tariffs further.
Markets Stay Cautious – Investors are waiting for US jobs data (NFP) to see what happens next.
