MetaWear USD Price & Performance (WEARUSD)

The euro's strength against the U.S. dollar is faltering due to upcoming trade tariffs between Europe and the U.S., set to take effect in April. Additionally, political negotiations in Germany regarding debt reform and infrastructure funding are adding to the uncertainty, impacting EUR/USD trading sentiment.1

Germany's ZEW Economic Sentiment index surged to 51.6 in March, far exceeding expectations. However, a weaker reading in Current Conditions and looming debt reform discussions have kept the EUR/USD pair muted, as investors remain cautious about the euro's near-term prospects.2

The EUR/USD pair declined as weak U.S. business activity and consumer sentiment pushed investors toward safe-haven currencies like the dollar. Concerns over tariffs and federal spending cuts added to the risk-averse environment, further pressuring the euro against the greenback.3