EUR/USD holds positive ground above 1.0800, eyes on Eurozone inflation data, ECB's Lagarde speech
Portfolio Pulse from
The EUR/USD currency pair is trading higher around 1.0815, driven by weakening US Dollar and market uncertainty over upcoming trade tariffs. Investors are awaiting Eurozone inflation data and ECB President Christine Lagarde's speech, while US economic slowdown concerns and potential interest rate cuts continue to influence market sentiment.
April 01, 2025 | 6:30 am
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The US Dollar ETF may experience downward pressure due to uncertain trade policy and concerns about economic slowdown.
Weakening US Dollar sentiment, potential trade policy disruptions, and concerns about economic growth are likely to negatively impact the US Dollar ETF in the short term.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 80