EURUSD: Strong Rally Above 1.1740 as Dollar Slides Amid Tariff Easing
Over the past three trading days, EURUSD has shown a strong rebound, breaking above yesterday’s close at 1.17481. The rally is primarily driven by the easing of tariff threats by former President Trump and weakness in the US dollar despite solid US economic data. The pair climbed above the 1.1750 region, marking a two-day high. This dynamic has buoyed market sentiment, suggesting potential short-term gains for the euro. For the average investor, this means the euro currently holds upside momentum, but monitoring US dollar trends and European Central Bank announcements remains crucial for managing risks.


