Group 1 - The European Central Bank (ECB) is prepared to lower key interest rates again if necessary, according to ECB Governing Council member and Bank of France Governor Villeroy [1] - Despite maintaining interest rates after the recent ECB meeting, Villeroy emphasized the need for policymakers to remain "flexible" due to the strong euro causing significant deflationary effects [1] - The expectation of a trade agreement with the U.S. may lead to a 15% base tariff on exported goods to avoid a 30% tariff that is set to take effect on August 1 [1] Group 2 - The euro/dollar exchange rate is currently in a moderate upward channel, with resistance at around 1.1850 and support near 1.1650 [2] - The euro has formed a complete upward trend since the low of 1.1065, reaching a peak of 1.1829 in early July, followed by a stabilization after a pullback to 1.1556 [2] - Technical indicators suggest that while the overall daily structure is bullish, short-term fluctuations may occur at high levels [2]