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FOREX: Firmer Trump Stance on EU Tariffs Weighs on Euro, EURCAD Sharply Lower

FOREX
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  • The firmer stance on EU tariffs compared to the more appeasing extension for Canada and Mexico weighs on the single currency in recent trade, with EURUSD slipping from key resistance around 1.0530 to 1.0495 at typing.
  • EURCAD sharply lower on the contradictory sentiment, trading the entire day's range in quick fashion, from 1.5095 to 1.5026 lows.
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  • The firmer stance on EU tariffs compared to the more appeasing extension for Canada and Mexico weighs on the single currency in recent trade, with EURUSD slipping from key resistance around 1.0530 to 1.0495 at typing.
  • EURCAD sharply lower on the contradictory sentiment, trading the entire day's range in quick fashion, from 1.5095 to 1.5026 lows.