{"id":19845,"date":"2025-04-03T09:59:12","date_gmt":"2025-04-03T09:59:12","guid":{"rendered":"https:\/\/www.vtmarkets.com\/?p=19845"},"modified":"2025-04-03T09:59:12","modified_gmt":"2025-04-03T09:59:12","slug":"eurusd-rises-amid-tariff-news-and-weak-dollar","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/en-latam\/analysis\/eurusd-rises-amid-tariff-news-and-weak-dollar\/","title":{"rendered":"EURUSD Rises Amid Tariff News and Weak Dollar"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" src=\"https:\/\/www.vtmarkets.com\/en-latam\/wp-content\/uploads\/sites\/23\/2025\/04\/download-9-1-2024x559.png\" alt=\"\" class=\"wp-image-19862\" \/><\/figure>\n\n\n\n<p><strong>Key Points:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>EURUSD jumps by +<strong>1.54<\/strong>%, surpassing $<strong>1.10<\/strong> for the <strong>first time since 2024<\/strong>.<\/li>\n\n\n\n<li>President Trump announces a <strong>10% baseline tariff on all U.S. imports<\/strong>.<\/li>\n\n\n\n<li>Traders react to the EU\u2019s threat of countermeasures, with growing expectations of an ECB rate cut and soft economic outlook in the U.S. in focus.<\/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\">EURUSD Surges to $1.10 as Dollar Weakens Amid Tariff News<\/h2>\n\n\n\n<p>The Euro surged more than <strong>1.5<\/strong>% on Thursday, pushing above the key level of $<strong>1.10<\/strong>, reaching as high as $<strong>1.10157<\/strong>, after President Donald Trump unveiled his latest round of tariffs. <\/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\">US President Donald Trump announced he would impose a 10% baseline tariff on all imports to the United States and higher duties on some of the country&#39;s biggest trading partners <a href=\"https:\/\/t.co\/SAZfee6Kl2\">https:\/\/t.co\/SAZfee6Kl2<\/a> <a href=\"https:\/\/t.co\/ZZjcz48seq\">pic.twitter.com\/ZZjcz48seq<\/a><\/p>&mdash; Reuters (@Reuters) <a href=\"https:\/\/twitter.com\/Reuters\/status\/1907595152014667946?ref_src=twsrc%5Etfw\">April 3, 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 dollar has been under pressure following the announcement of a <strong>10% baseline tariff on all U.S. imports<\/strong>, sparking concerns over further trade tensions. As a result, the Euro gained sharply against the U.S. dollar, <strong>climbing to its highest level in recent months<\/strong>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\">Impact of the U.S. Tariffs and EU Response<\/h2>\n\n\n\n<p>The European Union, one of the largest trade partners of the U.S., is set to be heavily impacted by the tariffs, with President Ursula von der Leyen <strong>warning of a \u201cmajor blow\u201d to the global economy.<\/strong> This situation has led to fears of escalating trade conflicts, with the <a href=\"https:\/\/www.msn.com\/en-ca\/money\/topstories\/eu-plans-countermeasures-to-new-us-tariffs-says-eu-chief\/ar-AA1CcJnV?ocid=BingNewsSerp\"><strong>EU preparing countermeasures<\/strong><\/a> to protect its economy.<\/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\">For the EU, the key number is 20%. Here\u2019s the Brussels Edition <a href=\"https:\/\/t.co\/NIYSRRXbs7\">https:\/\/t.co\/NIYSRRXbs7<\/a><\/p>&mdash; Bloomberg (@business) <a href=\"https:\/\/twitter.com\/business\/status\/1907660638115033423?ref_src=twsrc%5Etfw\">April 3, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>Traders are now pricing in a nearly <strong>90<\/strong>% chance of a <strong>25 basis points (bps) <\/strong><a href=\"https:\/\/www.reuters.com\/markets\/europe\/trump-tariffs-endanger-global-stability-bundesbank-says-2025-04-03\/\" title=\"\"><strong>rate cut by the European Central Bank (ECB) in April<\/strong><\/a>, driven by the economic uncertainty. Additionally, there are <strong><a href=\"https:\/\/www.ecb.europa.eu\/stats\/ecb_surveys\/survey_of_professional_forecasters\/html\/ecb.spf2025q1~12ccd2307f.en.html\">rising expectations that the ECB deposit rate could fall<\/a><\/strong> to <strong>1.82<\/strong>% by December, down from previous estimates of <strong>1.9<\/strong>%.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\">Technical Outlook<\/h2>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" src=\"https:\/\/www.vtmarkets.com\/en-latam\/wp-content\/uploads\/sites\/23\/2026\/03\/2_2-1024x450.jpg\" alt=\"\" class=\"wp-image-19863\" \/><\/figure>\n\n\n\n<p class=\"has-text-align-center\"><em>Picture: EURUSD surges past 1.1000 to test resistance at 1.1020 after a steady rise from 1.0779, as seen on the\u00a0<a href=\"https:\/\/vtmarketsapp.onelink.me\/CD7D\/240525WA\">VT Markets app<\/a>.<\/em><\/p>\n\n\n\n<p>EURUSD increased by <strong>1.54<\/strong>%, closing at <strong>1.10157 <\/strong>after opening at <strong>1.08484<\/strong>. The session saw a sharp upward movement, reaching a high of 1.10203 before retracing slightly to close near <strong>1.10157<\/strong>.<\/p>\n\n\n\n<p>The moving averages (MA 5,10,30) indicate strong bullish momentum, with short-term MAs above the longer-term moving averages. This suggests a continuation of the upward price trend. Additionally, the MACD (12,26,9) shows a significant shift in momentum as the histogram is expanding and the MACD line (blue) is above the signal line (yellow), confirming the strength of the bullish trend.<\/p>\n\n\n\n<p>Key levels to monitor include <strong>1.1020 <\/strong>as immediate resistance and <strong>1.0800 <\/strong>as key support. A break above resistance could signal further upward movement, while a drop below support could suggest a potential bearish reversal.<\/p>\n\n\n\n<p>Market participants are closely monitoring President Trump\u2019s tariff measures and any potential market reactions in the coming days.<\/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>EURUSD jumps to $1.10 as traders react to Trump\u2019s tariffs, pushing the Euro higher and creating expectations of an ECB rate cut in April. -vtmarkets.com<\/p>\n","protected":false},"author":2,"featured_media":19862,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[44],"tags":[47,59,14],"class_list":["post-19845","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-analysis","tag-dollar","tag-euro","tag-forex"],"acf":{"acf_article_selection_author":null},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/en-latam\/wp-json\/wp\/v2\/posts\/19845","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/en-latam\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/en-latam\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-latam\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-latam\/wp-json\/wp\/v2\/comments?post=19845"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/en-latam\/wp-json\/wp\/v2\/posts\/19845\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-latam\/wp-json\/wp\/v2\/media\/19862"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/en-latam\/wp-json\/wp\/v2\/media?parent=19845"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-latam\/wp-json\/wp\/v2\/categories?post=19845"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-latam\/wp-json\/wp\/v2\/tags?post=19845"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}