Wednesday, 30 July 2025
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
EUR/USD Remains Below 1.0400 Following Trump's Comments On Tariffs
Tuesday, 21 January 2025 10:36 WIB | EUR/USD | Euro

EUR/USD remains in negative territory after paring recent losses, trading around 1.0380 during Asian hours on Tuesday (1/21). The euro (EUR) remains under pressure as dovish expectations for the European Central Bank (ECB) continue to dominate. Markets are pricing in a 25 basis point (bps) interest rate cut at each of the next four ECB policy meetings, driven by concerns over the Eurozone economic outlook and the belief that inflationary pressures will remain subdued.

These dovish bets have increased due to growing confidence that Eurozone inflation will return sustainably to the ECB's 2% target, coupled with rising uncertainty around potential tariff policy from the United States (US).

The US Dollar Index (DXY), which tracks the performance of the US dollar against a basket of six major currencies, was up around 108.30 at the time of writing. The greenback regained some ground after recent losses in the previous session, supported by news that President Donald Trump intends to direct federal agencies to review tariff policies and evaluate the United States' trade relations with Canada, Mexico and China. (AL)

Source: FXstreet

RELATED NEWS
EUR/USD remains below 1.1600 as US-EU trade deal appears to favor US economy ...
Tuesday, 29 July 2025 10:15 WIB

EUR/USD moves little after registering more than 1% losses in the previous session, trading around 1.1590 during the Asian hours on Tuesday. The pair faced challenges as the US Dollar (USD) rose on tr...

EUR/USD plunges over 1% as US–EU trade deal boosts US Dollar...
Tuesday, 29 July 2025 06:54 WIB

The EUR/USD dropped more than 1% on Monday as investors bought the Dollar on news that the United States (US) and the European Union (EU) had reached a trade agreement, similar to the one inked by Jap...

Euro Rises on US-EU Trade Pact ...
Monday, 28 July 2025 07:56 WIB

The euro climbed above $1.175 on Monday, snapping a two-day losing streak after the US and EU reached a trade agreement over the weekend. The deal includes a 15% tariff on most European goods, signifi...

EUR/USD remains flat near recent lows following uninspiring German Business Climate data...
Friday, 25 July 2025 16:13 WIB

The EUR/USD pair remains practically flat on Friday, relatively close to three-week highs hit on the previous day. The US Dollar is a tad firmer, supported by positive US macroeconomic data which prov...

EUR/USD Weakened Towards 1.1750 As Strong US Data Offsets ECB Policy ...
Friday, 25 July 2025 06:40 WIB

EUR/USD weakened more than 0.20% on Thursday after solid economic data from the United States weighed on the common currency, which benefited from the European Central Bank's (ECB) decision to keep in...

LATEST NEWS
Hang Seng Under Pressure at Close

The Hang Seng Index fell 347 points, or 1.4%, to close at 25,177 on Wednesday (July 30th), extending losses from the previous session amid widespread declines. Technology stocks slumped 2.7%, while consumer discretionary and financial stocks each...

European Stocks Dip Amid Earnings Pressure

European stocks declined on Wednesday, with both the STOXX 50 and STOXX 600 slipping nearly 0.2%, reversing modest gains from the previous session, with investors continuing to focus on fresh corporate earnings. Hermès fell more than 2% after its...

Japanese Shares Wobble Ahead of BOJ Decision

The Nikkei 225 Index shed 0.05% to close at 40,655 while the broader Topix Index gained 0.4% to 2,920 on Wednesday, with Japanese shares struggling for clear direction as investors braced for the latest Bank of Japan monetary policy decision. The...

POPULAR NEWS
European stocks close lower as EU-U.S. trade deal optimism wanes
Tuesday, 29 July 2025 00:34 WIB

Europe's Stoxx 600 index erased earlier gains to close 0.23% lower as investors turned less positive over the details of the U.S.-EU trade...

EU and U.S. Strike Metals Deal to Tackle Chinese Overcapacity
Tuesday, 29 July 2025 09:36 WIB

The European Union and the U.S. will form a "metals alliance" to counter the impact of subsidised Chinese production on global markets, as part of...

European Equities Rise in Tuesday Trading; Novo Nordisk Falls 23% on Q2 Results, 2025 Outlook
Wednesday, 30 July 2025 00:36 WIB

European stock markets closed higher in Tuesday trading as the Stoxx Europe 600 was up 0.33%, Germany's DAX climbed 1.03%, the FTSE 100 gained...

Dow Jones Industrial Average grapples with direction ahead of heavy week
Tuesday, 29 July 2025 04:12 WIB

The Dow Jones Industrial Average (DJIA) tested all-new record highs early Monday, clipping into the high side in early trading before the weight of...