EUR/USD recovers to 1.0850 after mixed European PMIs
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The EUR/USD currency pair recovered to 1.0850 on Monday after mixed economic indicators from Europe. Preliminary March PMI data showed varied results across France, Germany, and the Eurozone, with services and manufacturing sectors showing mixed performance. Markets are also seeing potential relief from less severe anticipated reciprocal tariffs.
March 24, 2025 | 12:15 pm
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NEUTRAL IMPACT
The US Dollar Index ETF may experience short-term fluctuations due to mixed economic indicators and potential changes in trade policy discussions.
Mixed economic data and potential tariff softening create a neutral outlook for the US Dollar ETF, with balanced potential for movement.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 70