SifChain USD Price & Performance (EROWANUSD)

The EUR/USD pair has continued its downward trend, trading below the 1.0800 mark as mixed economic data and tariff uncertainties persist. European PMI data showed manufacturing contraction, while U.S. services PMI unexpectedly rose. Market focus remains on upcoming inflation data and potential tariff exemptions from the U.S. administration.12

Germany's CDU leader Friedrich Merz is negotiating with the Greens on a massive infrastructure package, which could impact the EUR/USD pair. The outcome of these talks, combined with tariff concerns and mixed sentiment data, is contributing to market uncertainty. Traders are closely monitoring developments ahead of key votes.23

German ZEW Economic Sentiment rose to 51.6, exceeding expectations, but a drop in Current Conditions to -87.6 tempered optimism. EUR/USD remained largely unchanged as traders shifted focus to upcoming debt reform votes and broader economic uncertainties. The euro remains under pressure amid mixed signals.34