A note from TD assessing the implications of the expected Trump tariffs and what it means for EUR/USD:
Trump’s tariffs will have a significant impact on the eurozone economy (not a positive one!)euro zone has limited engines of growtheconomic policy uncertainty running high across EuropeECB is expected to cut interest rate more than the Federal Reserve doesmarket could price in further eurozone-U.S. monetary policy divergence
TD forecast 1.01 for EUR/USD in Q2 2025.
This article was written by Eamonn Sheridan at www.forexlive.com.
