The EUR/USD pair fell to the 1.1700 level on Monday after peaking near 1.1768, as European Central Bank President Christine Lagarde emphasized stable monetary policy and downplayed the impact of US tariff threats, BBH FX analysts said.
Euro stabilizes amid concerns about US tariffs
“The EUR/USD pair fell, trading near 1.1700 after hitting a high near 1.1768 yesterday. European Central Bank President Christine Lagarde reiterated that monetary policy settings remain in a “good place” and noted that the short-term impact of the latest US tariff threat “will be minimal.”
“The ECB has ended monetary easing and we expect EUR/USD to continue trading within the 1.1500-1.1800 range over the next few months.”
