EURUSD Overview, May 7

The EURUSD pair slipped beneath the 1.12 handle in the last hour.

The pair held higher in early trading, generally on the back of the USD weakness across the pond.

The pair is up for the third continuous session on Tuesday, supported by hopes of a possible US-China trade agreement in spite of the ongoing heightening in strains following President Trump’s threats of forcing additional tariffs.

Rose Alice

About: Rose Alice

Rose Alice has a long experience as a currency analyst with a deep knowledge of the relationship between macroeconomics and currencies fluctuation.