EUR/USD update after the EU/US trade tariff framework deal

EUR/USD jumped a little higher on the weekend news of a EU/US trade tariff framework deal and has since trcked more less sideways in a small sort of range.

Equities liked the news also:

• US equity index futures jump higher to open the new week’s trade – EU/US trade deal

EUR/USD update:

Earlier:

• Monday open levels, indicative FX prices, 28 July 2025 – EUR up on US/EU ‘framework’ deal
• US and EU reach a framework trade deal, 15% tariff rate, EU to purchase energy from the US
• U.S. and China will meet in Stockholm on Monday, 90 day extension expected
• EU President von der Leyen summarises the EU/US trade deal framework

• US official confirms EU/US trade framework did not decide on aircraft tariffs

Weekend:

• US and China to extend tariff pause by another 90 days – report

This article was written by Eamonn Sheridan at investinglive.com.