Euro / U.S. Dollar
Long

EURUSD Insight

70
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Key Points
- U.S. President Trump announced via Truth Social that he “expects Apple to manufacture and produce iPhones sold in the United States within the U.S.” and warned that “otherwise, Apple will be required to pay a minimum 25% tariff in the U.S.”
- Trump also warned the EU, stating, “It was very difficult to deal with the EU, which was established with the purpose of taking advantage of the U.S. in trade,” and recommended “imposing a 50% tariff on the European Union starting June 1, 2025.”
- Maroš Šefčovič, the EU Commissioner for Trade, commented that “the European Commission is ready to cooperate in good faith.”
- On the 27th, the Bank of Japan will hold a large-scale conference over two days under the theme “New Challenges for Monetary Policy,” with key financial figures, including Federal Reserve officials, expected to attend alongside Japanese participants.

This Week’s Key Economic Calendar
+ May 26: Speech by ECB President Christine Lagarde
+ May 28: FOMC Meeting Minutes
+ May 29: U.S. Q1 GDP
+ May 30: U.S. April Core PCE Price Index

EURUSD Chart Analysis
EURUSD has smoothly broken through the 1.14000 resistance line and is once again attempting to break above the previous high. While a decline is expected after forming a high near the 1.16000 level, it is worth examining further bullish catalysts. Once it reaches the 1.16000 level, we will reassess the market direction.

Disclaimer

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