EUR/USD PRICE FORECAST : CAUTION TRADE KICKS IN PRE-NFP

EUR/USD is rising: The Euro is gaining strength against the US Dollar, moving above 1.0400.
US Dollar is weak: The Dollar is losing value, mainly due to uncertainty around trade policies.
Trade tariffs impact: The US delayed tariffs on Canada and Mexico but kept a 10% tariff on Chinese goods.
Investors react: Because of the uncertainty, investors are selling the Dollar, making it weaker.
Future outlook: Despite the current weakness, trade policies might help the Dollar become stronger in the long run.