EU agreement on the EU-US trade deal is within reach, Politico reports citing MEP Lange
Context
The report of a potential agreement on the EU-US trade deal indicates a positive development in transatlantic relations, likely easing trade tensions. This could support risk appetite and strengthen the Euro against the Dollar, while also impacting currencies tied to trade flows. Traders should watch for immediate market responses in FX, particularly in the EUR/USD pair.
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