A significant weakening of the US Dollar this week
The EUR/USD pair appreciated sharply by +3.64% to 1.1355, a 3-year high.
Trump announced a 90-day pause on the implementation of the reciprocal tariffs announced last week, with a base tariff of 10% for all countries except China, for which he raised the base tariff to 145%. The latter responded with 125% tariffs on US imports. This escalation in trade tensions has fueled economic uncertainty and revived concerns about global economic growth, significantly weakening the dollar this week.
The dollar is being penalized by a crisis of confidence which threatens its safe-haven status.
Sur le même thème
Trade tensions and their impact on economic growth
Discover how trade tensions influence global economic growth and the appreciation of the EUR/USD pair.
The impact of U.S. tariffs on the EUR/USD
U.S. tariffs impact the EUR/USD as Trump announces a tax on imported cars. Markets under pressure, the Fed in the spotlight.
Trade war: The euro under pressure against the dollar
Analysis of the Trade War's Impact on the Euro/Dollar Pair, Amid Tariff Tensions and Major Economic Decisions.
