The Euro (EUR) has strengthened against the US Dollar (USD), with the EUR/USD exchange rate rising to approximately 1.1648, marking a 0.40% increase on the day. This uptrend breaks a four-day losing streak for the currency pair, as renewed trade war concerns stemming from US President Donald Trump's recent tariff threats have pressured the Greenback.
Market sentiment is shifting, with traders reacting to the potential for heightened trade tensions. As fears mount over the implications of new tariffs, the USD faces downward pressure, leading to a more favorable environment for the Euro. Investors will be closely monitoring further developments in US trade policy as they impact future trading strategies and the overall strength of the currency pair.
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Data Source: FX Killer Analysis Team Updated: 2026-01-19 19:18
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.