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Posted by
Two Blokes Jul 14 -
Filed in
Forex
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14 views
The EUR/USD pair is trading lower in the early European session on Monday, weighed by a cautious market mood, following the latest round of tariff threats by US President Donald Trump, which included 30% levies on all European Union (EU) products starting from August 1. The Euro (EUR) bounced up from three-week lows at the 1.1660 area at the start of the week, but it failed to find acceptance above the 1.1700 level and pulled back again, to hit fresh lows at 1.1655 at the time of writing.