In today’s EU Daily News, we dive into the resilience of the EUR/USD amidst looming tariff talks! 💹 European automakers barely flinched with a minimal dip, while traders speculate if the tariff tensions will ease. With the potential 20% U.S. tariff on the horizon, the FX options market is showing unexpected bullish sentiment for the euro, reminiscent of trends from 2020!
We’ll also analyze the impact of today’s French and Spanish inflation data and the ECB survey at 10am CET, where CPI expectations are steady at 2.4%. Will a surprise shift ECB’s stance? Join us as we unravel whether the dollar’s dominance is fading!
👇 Share your thoughts below: Are you riding the euro wave or playing it safe?