EURUSD climbs back above 1.17 after Donald Trump announced a trade deal with the European Union. A letter outlining the agreement is expected to reach EU decision-makers within two days.
During a press conference, Trump described the EU as one of the most difficult negotiators, calling it a bigger challenge than China. He also criticized the bloc for legal actions and fines imposed on U.S. tech giants like Apple and Google.
Start investing today or test a free demo
Create account Try a demo Download mobile app Download mobile appThe deal reportedly includes compromises aimed at protecting key EU industries, with people close to matter saying the European Commission will secure favorable terms for Airbus and German automakers with U.S. plants (BMW, Mercedes-Benz).
Source: xStation5
This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.
