EURUSD starts the week steadily: all eyes on risk
The EURUSD pair is hovering around 1.1358 on Monday as investors assess risk levels at the start of a new week. Find out more in our analysis for 2 June 2025.
EURUSD forecast: key trading points
The EURUSD rate is edging up modestly as overall market sentiment remains weak
Concerns about deteriorating global trade relations re-emerge
EURUSD forecast for 2 June 2025: 1.1390 and 1.1424
Fundamental analysis
The EURUSD pair is trading close to 1.1358 at the start of the week and the new month. Market sentiment has deteriorated due to renewed concerns over global trade tensions.
On Friday, Donald Trump said he might introduce 50% tariffs on steel and aluminium imports starting from 4 June. Meanwhile, US-China relations have worsened again as Beijing rejected Washington’s claims of breaching the temporary trade agreement. This has cast doubt on the likelihood of further trade talks between the two nations.
Still, negotiations could resume as early as this week.
Market focus now shifts to fresh US economic data, particularly Friday’s Non-Farm Payrolls report for May.
RoboForex Market Analysis & Forex Forecasts
Attention!
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.
Sincerely,
The RoboForex Team