EUR/USD strengthens as investors return to the ‘Sell America’ strategy
Euro Strengthens Amid Renewed US Tariff Concerns
Recent volatility sparked by Washington has once again provided a boost to the euro, as President Trump’s announcement of potential tariffs targeting eight European countries has led to a retreat in the US dollar. This market reaction closely mirrors the trends observed after Liberation Day. The EUR/USD pair has rebounded from its 200-day moving average, prompting traders to reconsider whether this surge will be short-lived if Trump ultimately decides not to follow through with the tariffs. For now, European currencies appear to have continued support. Could we be witnessing a fresh, albeit smaller, wave of the ‘Sell America’ strategy in response to these latest tariff threats?
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