USD is sharply lower after "Liberation Day". What technicals are driving the major pairs ...Middle East

European Union (EU):

Reciprocal Tariff:An additional 20% tariff was applied specifically to EU imports, bringing the total to 30%.

Tariffs on Japanese Imports:

Reciprocal Tariff: An additional 24% tariff was imposed specifically on Japanese imports, bringing the total to 34%. This higher rate was scheduled to take effect on April 9, 2025.

United Kingdom (UK):

Reciprocal Tariff:Unlike the EU, the UK was spared additional reciprocal tariffs due to strategic negotiations post-Brexit.

FYI, the top 10 trading partners with the US:

Canada: 13.5%​

Switzerland: 5.3%​

Japan: 3.9%​

Ireland: 3.1%​

Vietnam: 2.9%

In the video above, I outline the technicals that will now drive the major currencies given the sharp moves.

This article was written by Greg Michalowski at www.forexlive.com.

Hence then, the article about usd is sharply lower after liberation day what technicals are driving the major pairs was published today ( Thursday 03/04/2025 - 03:20 PM ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

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