EUR/GBP weakens as US-EU trade deal backlash weighs on Euro sentiment

  • The Euro (EUR) continues to weaken against the British Pound (GBP) for a second consecutive day on Tuesday, dragged down by rising backlash to the US‑EU trade deal announced over the weekend. The agreement, reached Sunday by US President Donald Trump and European Commission President Ursula von der Leyen, is being criticized by European leaders as "unbalanced" and heavily biased in favor of the US.