EUR/USD - Overview as of 24.03.2025

Financial and commodity markets analytics


In the currency market, the U.S. dollar remains below its three-week highs against major currencies as traders await clarity regarding President Trump's upcoming tariffs. At the same time, the euro found support at the lower end of the range (1.0800), which we wrote about earlier. The single European currency strengthened slightly after three sessions of declines. The expectation of the announcement of a new series of tariffs on April 2 is causing concern of traders and investors. In case the events and data publications of the current week will push the pair EUR/USD to decline and the instrument will consolidate under the mark of 1.0770, the market may find significant support only in the range of 1.0770. the market may find significant support only in the range of 1.0500-1.0600. If price stays within the range, there is a probability of updating the high reached last week. last week's high.