EUR/USD faces pressure as Trump mulls economic emergency to draft tariff plan

EUR/USD faces pressure as Trump mulls economic emergency to draft tariff plan

EUR/USD drops to near 1.0300 after the FOMC minutes dropped hints of a slowdown in the US inflation progress towards the Fed’s target of 2%. The USD Index is on track to revisit the two-year high of 109.53 ahead of the US NFP data due on Friday. The ECB is expected to reach the neutral rate by summer.

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