{"id":20760,"date":"2025-04-14T08:13:57","date_gmt":"2025-04-14T08:13:57","guid":{"rendered":"https:\/\/www.vtmarkets.com\/?p=20760"},"modified":"2025-04-14T08:13:57","modified_gmt":"2025-04-14T08:13:57","slug":"euro-rallies-past-1-14-amid-trade-war-uncertainty","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/en-ca\/analysis\/euro-rallies-past-1-14-amid-trade-war-uncertainty\/","title":{"rendered":"Euro Rallies Past $1.14 Amid Trade War Uncertainty"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" src=\"https:\/\/www.vtmarkets.com\/en-ca\/wp-content\/uploads\/sites\/13\/2026\/03\/2_download-4-1-1024x559.png\" alt=\"\" class=\"wp-image-20766\" \/><\/figure>\n\n\n\n<p><strong>Key Points:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>EURUSD<\/strong> strengthens, climbing by <strong>0.80%<\/strong> and hitting a high of <strong>1.14241<\/strong><\/li>\n\n\n\n<li><strong>Dollar weakness<\/strong> continues as trade tensions escalate\u2014with President Trump\u2019s <strong>tariff rhetoric<\/strong> fuels uncertainty.<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity is-style-dots\" \/>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\">Euro Climbs Past $1.14 as Trade Tensions Escalate<\/h2>\n\n\n\n<p>The <strong>euro<\/strong> surged on Monday, climbing for the third consecutive day and crossing the <strong>$1.14<\/strong> threshold as investors reacted to renewed uncertainty in global trade. <strong>EURUSD<\/strong> reached a high of <strong>1.14241<\/strong>, reflecting a <strong>0.80%<\/strong> gain, closing at <strong>1.14029<\/strong>.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">The euro\u2019s fastest rally in a decade and a half is gaining traction, with traders betting on a move to $1.20 and strategists scrambling to update their forecasts  <a href=\"https:\/\/t.co\/DLzVjJP1Y2\">https:\/\/t.co\/DLzVjJP1Y2<\/a><\/p>&mdash; Bloomberg (@business) <a href=\"https:\/\/twitter.com\/business\/status\/1911690913258029097?ref_src=twsrc%5Etfw\">April 14, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>The catalyst behind the euro&#8217;s rally is a combination of <strong><a href=\"https:\/\/www.msn.com\/en-us\/news\/politics\/trump-admin-walks-back-tariff-exemption-on-electronics\/ar-AA1CQF4a?ocid=BingNewsSerp\">Donald Trump&#8217;s fluctuating tariff announcements<\/a><\/strong>, which have <a href=\"https:\/\/www.msn.com\/en-us\/money\/markets\/what-the-sudden-plunge-of-the-dollar-means-for-the-us-economy\/ar-AA1CKDOp?ocid=BingNewsSerp\">weighed on the <strong>U.S. dollar<\/strong><\/a> and pushed investors toward safer currency options. <\/p>\n\n\n\n<p>After President Trump\u2019s <a href=\"https:\/\/www.nytimes.com\/2025\/04\/12\/technology\/trump-electronics-tariffs.html\">late Sunday clarification<\/a> that technology products like smartphones and computers remain under tariffs (though not the 145% rate previously suggested), markets were left to absorb mixed signals, leading to further dollar weakness.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\">The Yen and Euro: Safe-Haven Currencies<\/h2>\n\n\n\n<p>The uncertainty stemming from President Trump\u2019s tariff stance continues to undermine confidence in the <strong>U.S. dollar<\/strong>. <\/p>\n\n\n\n<p>The <strong>euro<\/strong>, despite its own challenges, has emerged as a strong performer amid these trade tensions. Its rise above the <strong>$1.14<\/strong> mark is a testament to its relative strength compared to the dollar, which continues to struggle under the weight of global trade uncertainties.<\/p>\n\n\n\n<p>Alongside the euro, the <strong><a href=\"https:\/\/www.bing.com\/search?q=yen%20surge%20tariff&amp;qs=n&amp;form=QBRE&amp;sp=-1&amp;ghc=1&amp;lq=0&amp;pq=yen%20surge%20tariff&amp;sc=7-16&amp;sk=&amp;cvid=EEA0D07EFFDF4D628632941DF2152F20\">Japanese yen<\/a><\/strong> has also benefitted from the current geopolitical turmoil. Both currencies have drawn attention as safer alternatives to the volatile <strong>U.S. dollar<\/strong>, with traders seeking to avoid riskier assets amid the <a href=\"https:\/\/www.msn.com\/en-us\/news\/world\/china-s-xi-heads-to-southeast-asia-to-strengthen-ties-as-trump-focuses-his-trade-war-on-beijing\/ar-AA1CRIqf?ocid=BingNewsSerp\">escalating U.S.-China trade conflict<\/a>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\">Technical Outlook for EURUSD<\/h2>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"450\" src=\"https:\/\/www.vtmarkets.com\/en-ca\/wp-content\/uploads\/sites\/13\/2026\/03\/14.4_2-1024x450.jpg\" alt=\"\" class=\"wp-image-20768\" \/><\/figure>\n\n\n\n<p class=\"has-text-align-center\"><em>Picture: EURUSD tests resistance at 1.14241 after a steady rally from 1.11584.,\u00a0as seen on the\u00a0<a href=\"https:\/\/vtmarketsapp.onelink.me\/CD7D\/240525WA\">VT Markets app<\/a>.<\/em><\/p>\n\n\n\n<p><strong>EURUSD increased by 0.80%, closing at 1.14029 after opening at 1.13126.<\/strong> The pair saw a steady rise, reaching a high of <strong>1.14241 <\/strong>before retracing slightly to close near <strong>1.14029<\/strong>.<\/p>\n\n\n\n<p>The moving averages (MA 5,10,30) indicate bullish momentum, with the shorter-term moving averages crossing above the longer-term ones. This suggests a potential for continued upward movement. The MACD (12,26,9) confirms this trend, showing a positive histogram as the MACD line (blue) moves above the signal line (yellow).<\/p>\n\n\n\n<p>As <strong>EURUSD<\/strong> has breached the key resistance level of <strong>$1.14<\/strong>, the outlook remains positive in the short term, particularly if U.S.-China trade talks continue to fuel uncertainty. The <strong>euro<\/strong> is expected to hold its ground against the dollar, with traders eyeing any updates in tariff policies and monetary policy from the <a href=\"https:\/\/www.ecb.europa.eu\/stats\/policy_and_exchange_rates\/key_ecb_interest_rates\/html\/index.en.html\"><strong>European Central Bank<\/strong>.<\/a><\/p>\n\n\n\n<p>If the <strong>EURUSD<\/strong> maintains this upward trajectory, it could target new highs above the <strong>1.14241<\/strong> mark. However, further developments in the trade war could inject volatility into the currency pair, making it essential for traders to stay alert for any unexpected shifts in market sentiment.<\/p>\n\n\n\n<p><strong><a href=\"https:\/\/www.vtmarkets.com\/trade-now\/\">Create your live VT Markets account<\/a>\u00a0and\u00a0<a href=\"https:\/\/myaccount.vtmarkets.com\/login\">start trading<\/a>\u00a0now.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The euro rallies past $1.14 amid ongoing U.S.-China trade tensions, as EURUSD surges by 0.80%. Market uncertainty drives demand for safe-haven assets, benefiting the euro and yen. -vtmarkets.com<\/p>\n","protected":false},"author":66,"featured_media":20766,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[31],"tags":[56,10],"class_list":["post-20760","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-analysis","tag-euro","tag-forex"],"acf":{"acf_article_selection_author":null},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/posts\/20760","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/users\/66"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/comments?post=20760"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/posts\/20760\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/media\/20766"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/media?parent=20760"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/categories?post=20760"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/tags?post=20760"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}