The USD Versus The Euro Into A Fluctuating Mode

The Euro versus the USD varies into a wide range during today’s session as markets react to a sudden flaring of trade issues between the US and France.

Now, the EUR/USD exchange rate is $1.1082, which is an addition of $0.00033 0.03% from the previous close of $1.10788.

The daily range is from $1.1066 to 1.1087, while the trading volume is 90.592K.

Euro (EUR) lost some ground after the French exports could come under the fire of additional US tariffs.

Moreover, the common currency is having hard time to find support this morning after most traders and investors became more focused this morning to the news that the Trump Administration could further impose tariffs on $2.4bn worth of French exports.

The tax will seek to impose a 3% levy on digital companies with global revenues in excess of €750m.

Still however, the USA argues that the tax is not fair when it comes to the leading US tech firms such as Facebook and Google.