Euro Tumbles as Dollar Strengthens Amid Tariff Tensions

Euro Tumbles as Dollar Strengthens Amid Tariff Tensions

Euro Tumbles as Dollar Strengthens Amid Tariff Tensions The euro saw a dip on Monday, while the dollar gained traction against a basket of global currencies. This shift came as traders largely dismissed new tariff threats in anticipation of crucial U.S. inflation data set for release on Tuesday.Despite President Donald Trump's weekend warning of a 30% tariff on imports from Mexico and the European Union beginning August 1, the market impact rema…

EUR/USD sinks around 1,1600 as US inflation increases and crushes hopes for fed cuts - World Stock Market

EUR/USD falls after the US inflation report that exceeds forecasts, reinforcing the Fed position of maintaining stable rates. Trump presses for rates cuts, threatens with more tariffs, seals commercial agreement with Indonesia. The Zew feeling of Germany Salta to 52.7, the highest since February 2022. The EUR/USD fell around 0.55% on Tuesday after the latest US inflation report revealed that prices are rising, justifying the current federal rese…

Dollar Euro Exchange Rate: Unpacking The Alarming Impact Of Trump's Tariff Threats

The post Unpacking The Alarming Impact Of Trump’s Tariff Threats appeared on BitcoinEthereumNews.com. Dollar Euro Exchange Rate: Unpacking The Alarming Impact Of Trump’s Tariff Threats Skip to content Home Forex News Dollar Euro Exchange Rate: Unpacking the Alarming Impact of Trump’s Tariff Threats Source: https://bitcoinworld.co.in/dollar-euro-tariff-impact/

US dollar steadies amid muted reaction to Trump’s 30% tariff threat to EU and Mexico

THE euro briefly hit a three-week low on Monday (Jul 14) before partially recovering, while the US dollar held steady in a muted reaction to US President Donald Trump’s threat to impose a 30 per cent tariff on imports from two of the country’s largest trading partners from Aug 1.

Tariff threats not yet denting the dollar - Monex Europe

USD The dollar starts the new week on the front foot, despite the major news over the weekend coming in the form of further US tariff threats. Specifically, Trump has proposed a 30% tariff on EU exports, accompanied by a 30% levy on non-USMCA imports from Mexico and Canada. This contrasts with the market reaction that has predominated over recent months – namely to sell the dollar on any intensification of tariff threats. We think there are two …