Aurox USD Price & Performance (URUSUSD)

The EUR/USD continues its downward trajectory, now testing below the 1.0800 mark. This decline follows mixed PMI results and ongoing tariff uncertainties between the U.S. and Europe. While European manufacturing remains in contraction, services data also disappointed, raising concerns about the region's economic health.12

Global markets remain volatile as U.S. tariff policies create economic uncertainty. The USD gained strength after hints of exemptions to upcoming tariffs failed to fully reassure investors. Meanwhile, weaker U.S. manufacturing data and mixed European sentiment surveys further highlight the fragile economic environment.13

Political developments in Germany, including debates over a debt-brake reform and infrastructure spending, are increasing market volatility. The EUR/USD pair is struggling to maintain momentum as investors await the outcome of these negotiations, which could significantly impact the euro’s value.24