ECB Signals More Action as Eurozone Outlook WaversEuro/US DollarFX:EURUSDChartMageECB Signals More Action as Eurozone Outlook Wavers EUR/USD rebounded to near 1.1370 in Monday’s Asian session as the US Dollar weakened after legal shifts in tariff rulings. On Thursday, the US Court of Appeals backed Trump’s tariff policy, overturning Wednesday’s lower court decision that had declared his April 2 executive orders unlawful. Trade tensions escalated as Trump announced plans to double tariffs on steel and aluminum imports to 50%. In response, the European Commission warned it would retaliate, despite both sides agreeing to accelerate talks after extending the EU tariff deadline to July 9. Meanwhile, Eurozone economic concerns persist. ECB’s Klaas Knot cited inflation uncertainty, while François Villeroy de Galhau said policy normalization is likely not finished, suggesting more action ahead. The key resistance is located at 1.1460 and the first support stands at 1.1300.