Spot has managed to bounce off session lows near 1.1320. Further correction lower drags DXY to the 96.55/50 band. Talks of US tariffs on EU autos appear to be back. Some selling pressure in the greenback is now helping EUR/USD to abandon the area of daily lows near 1.1320 and refocus instead on the 1.1350 region. EUR/USD looks to risk trends, trade talks Risk appetite trends are closely follow renewed concerns on the US-China trade dispute after President Trump ruled out a meeting with China’s Xi Jinping before the March 1 deadline. Still on the trade issue, US has once again warned the EU about the likely imposition of tariffs on autos. The greenback, in the meantime, appears to have met a tough resistance around the 96.70 region and is no receding some ground for the first time after six consecutive daily advances. Earlier in the session, the German trade surplus widened more than expected during December (€19.4 billion). What to look for around EUR/USD The extent and duration of the slowdown in Euroland continues to be in centre stage following recent figures from Q4 GDP in the region, the persistent negative streak from German fundamentals and the recently published EC forecasts, where both economic growth and inflation were revised lower for the current year. On the political scenario, May’s EU parliamentary elections should start to gather relevance with the days, paying special attention to the potential advance of populism in the region. EUR/USD levels to watch At the moment, the pair is losing 0.01% at 1.1339 and a break below 1.1324 (low Feb.7) would aim for 1.1289 (2019 low Jan.24) en route to 1.1269 (monthly low Dec.14 2018). On the other hand, the next hurdle emerges at 1.1389 (55-day SMA) seconded by 1.1429 (100-day SMA) and finally 1.1442 (38.2% Fibo of the September-November drop). FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next USD: Further N-Term Gains But Upside Firmly Capped – Citi Yohay Elam 4 years Spot has managed to bounce off session lows near 1.1320. Further correction lower drags DXY to the 96.55/50 band. Talks of US tariffs on EU autos appear to be back. Some selling pressure in the greenback is now helping EUR/USD to abandon the area of daily lows near 1.1320 and refocus instead on the 1.1350 region. EUR/USD looks to risk trends, trade talks Risk appetite trends are closely follow renewed concerns on the US-China trade dispute after President Trump ruled out a meeting with China's Xi Jinping before the March 1 deadline. Still on the trade issue, US has once… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.