EU lawmakers continue the suspension of work on legislative proposals for the EU-US trade deal, according to a member of European Parliament

EU lawmakers continue the suspension of work on legislative proposals for the EU-US trade deal, according to a member of European Parliament.

The suspension of work on the EU-US trade deal signals potential delays in trade liberalization efforts, which could impact market sentiment, particularly for EUR/USD and USD pairs. This uncertainty may prompt investors to seek safe havens or adjust their positions in the wake of prolonged trade negotiations, especially when considering the geopolitical landscape between the US and Europe.