FX Guys

Euro to Dollar Forecast: EUR/USD Drops as US-EU Trade War Escalates

March 13, 2025 – Written by Ben Hughes

Risk markets are fading lower again and the Euro (EUR) is retracing some of its recent rally against the US Dollar (USD). This comes despite better-than-expected inflation readings in the US. The trade war has escalated in the last 24 hours and the EU is in Trump’s sights.

There was a peculiar reaction to Wednesday’s cooler CPI readings in the US. After a strong rally, stocks faded back into the red, while the…
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