📰 EURUSD Falls as Trump Pushes 15-20% Tariffs on EU Goods, Stoking Trade Tensions
📅
Jul 18, 2025, 13:46 EDT
| 🔗 Source: Forexlive
🧠 Summary
President Trump pushes for 15-20% tariffs on EU goods, rejecting reductions on car duties. EURUSD reacts with a decline, testing key moving averages as tariffs raise trade tensions between the US and EU.
💡 Why this signal?
- The prospect of a 25bps Fed rate cut in July due to weakening labor market conditions is a key driver for dollar weakness, benefiting EURUSD and GBPUSD.
- Fed's Waller signaling easing before further job losses tempers market fears, encouraging risk appetite and strengthening major foreign currencies versus the USD.
- Upcoming US housing data and sentiment indexes add to volatility, making dollar pairs sensitive to short-term fundamental shifts ahead of the FOMC decision.
📈 EURUSD Price Trend
⏱️ Impact Timing
as soon as the news is out
👥 Competitor Impact
No competitors impacted.
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