EUR/USD - Overview as of 09.05.2025

Financial and commodity markets analytics


The situation on the markets is developing amid optimism about a possible easing of global trade tensions. The US and the UK announced a trade agreement on Thursday. The US retains a 10% duty on goods imported from the UK, while the UK agreed to reduce its duties from 5.1% to 1.8% and allow greater access for US goods. Also, investors' hopes are driven by the planned talks in Switzerland on Saturday between representatives of the US and China.The dollar remains stronger than the euro and is at a one-month high. Quotes overcame the area of 1.1270-1.1280 and now it is necessary to monitor the market behavior relative to the level of 1.1200. At the moment, EUR/USD sellers have not met serious resistance.