Trader reveals why EUR/USD's 1% plunge could signal more dollar dominance ahead
Key Points
- EUR/USD drops over 1% to 1.1590 after the U.S. and EU trade ...
The EUR/USD pair just face-planted harder than a tourist trying to pronounce "Worcestershire" - dropping over 1% to 1.1590 after the U.S. and EU announced their latest trade deal. While 15% tariffs on select EU products might sound friendlier than the previously threatened 30%, it's a bit like your dentist saying they'll only drill two cavities instead of four. Sure, it's better, but you're still not walking away with a smile.
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