Dutch International Group analyst Christurner pointed out in a report that the market underestimated the risk posed to the euro by the US equal tariffs that will come into effect on April 2. “The EU and the US have a large trade surplus, which is likely to become the primary target of the US government to adjust global trade policy.” Dutch International Group expects the EUR/USD exchange rate to fall to 1.05 by the end of the second quarter due to tariff measures imposed by the US.

Dutch International Group analyst Christurner pointed out in a report that the market underestimated the risk posed to the euro by the US equal tariffs that will come into effect on April 2. “The EU and the US have a large trade surplus, which is likely to become the primary target of the US government to adjust global trade policy.” Dutch International Group expects the EUR/USD exchange rate to fall to 1.05 by the end of the second quarter due to tariff measures imposed by the US.