Ella 
EUR/USD fluctuated between the 1.1400 and 1.1300 levels on Monday, eventually settling in the middle zone. The U.S. dollar continued to weaken across the board as the Trump administration’s latest tariff threat was reversed, but market sentiment remained subdued as investors worried about ongoing trade tensions.
A slew of mid-level European sentiment indicators will be released on Tuesday, followed by U.S. retail sales data due on Wednesday. However, the key agenda for EUR/USD this week will be the latest interest rate decision of the European Central Bank on Thursday.
The European Central Bank is widely expected to cut interest rates by another 25 basis points this week as policymakers brace for the possible economic impact of the Trump administration’s evolving tariff policies.
You Might Be Interested In:
