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EUR/USD Stagnates Amid Trade Tensions and Inflation Woes

3/14/2025

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Story summary
  • The EUR/USD pair hovers around 1.0887 due to global trade tensions and economic uncertainty.
  • Escalating US tariffs on steel and aluminum have led to EU retaliatory measures.
  • February's US inflation data rose by 0.2%, falling short of expectations and prompting market caution.
  • Technical analysis suggests a potential downward trend for EUR/USD, with support at 1.0790 and 1.0680.
  • Investors are monitoring upcoming US economic data and Federal Reserve policy decisions closely.