Trading Insights

EUR/USD

Euro Weakens as Trade Deal Tilts Toward US Interests
Trading

The Euro is under pressure after the US and EU reached a political agreement that retains high tariffs on key goods. While not yet finalized, the deal favors US exporters. The EUR/USD pair remains in a bearish trend, supported by both fundamentals and technicals.
Key Levels: Support at 1.1644 | Resistance at 1.1801
Investor Takeaway: The currency may remain under pressure if European economic sentiment continues to soften and the ECB stays cautious.