#特朗普取消对欧关税威胁 Trump cancels threat of tariffs on Europe, temporarily easing market risk sentiment, once boosting the euro and pressuring the dollar, but this does not change the medium- to long-term currency trend. Its core drivers remain macro themes such as the divergence in US and European monetary policies and economic growth comparisons. The event once again highlights the transactional and volatile nature of Trump's policies, which may become a long-term source of market fluctuations, but are unlikely to shake the fundamental-driven trends of major currencies like the dollar and euro.