The post EUR/USD extends gains with the US Dollar weighed by trade war fears appeared on BitcoinEthereumNews.com.

EUR/USD appreciates for the second consecutive day on Tuesday, reaching levels near 1.1700 at the time of writing, favoured by generalised US Dollar (USD) weakness. US President Donald Trump’s threat of additional tariffs on European countries has triggered a “sell America” trade similar to the one that followed the “Liberation Day” in April. A risk-averse sentiment prevails as Trump celebrates the first year of his second term, confirming his will to impose 10% additional tariffs on European countries opposing his plans to annex Greenland. The Eurozone leaders, in the meantime, are meeting in Brussels to discuss how to retaliate against Trump’s threat amid an unprecedented trade war between Western allies. In the Eurozone, German producer prices have shown further deflationary trends in December, as the focus now shifts to the German ZEW Economic Sentiment Index. The US markets are reopening after a long weekend on the Martin Luther King Jr. holiday. Still, the US economic calendar is practically empty, with the only release being the ADP weekly report on private-sector employment, and all eyes will be set on President Trump’s speech at the Davos forum on Wednesday. Euro Price Today The table below shows the percentage change of Euro (EUR) against listed major currencies today. Euro was the strongest against the Japanese Yen. USD EUR GBP JPY CAD AUD NZD CHF USD -0.42% -0.37% 0.03% -0.23% -0.38% -0.75% -0.55% EUR 0.42% 0.05% 0.44% 0.19% 0.04% -0.34% -0.13% GBP 0.37% -0.05% 0.41% 0.14% -0.01% -0.38% -0.18% JPY -0.03% -0.44% -0.41% -0.25% -0.41% -0.78% -0.57% CAD 0.23% -0.19% -0.14% 0.25% -0.15% -0.53% -0.31% AUD 0.38% -0.04% 0.01% 0.41% 0.15% -0.37% -0.15% NZD 0.75% 0.34% 0.38% 0.78% 0.53% 0.37% 0.20% CHF 0.55% 0.13% 0.18% 0.57% 0.31% 0.15% -0.20% The heat map shows percentage changes of major currencies against each other. The base currency…

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Filed under: News - @ January 20, 2026 9:28 am