Prior to the European market opening, the Forex market was affected after the headlines that the US plans to impose 25% tariffs on auto imports had surfaced.
The euro hit its weakest level of 1.575 against the USD thanks to political turmoil happening in Italy and Span.
The US dollar reach its fresh four-month high after Steven Mnuchin announced the US-China trade war is "on hold."
Dollar advances to new 2018 highs on rising US treasury yields as the euro was trading lower to a 4-month low.
US Dollar rose to a near two-week high after the US Treasury yields pushed higher to 3%.
The US dollar drop against other major currencies as investors were entirely focused on the Syria Fallout.
With US and China open for negotiations to avoid trade war, investors' fears had eased, sending US stock rising.
The US dollar saw its biggest one-day loss after the Federal Reserve raised interest rates.
Goldman Sachs analyst David Tamberrino expects Tesla to miss Model 3 deliveries, and "will fall well short of consensus expectations."