Euro, the surprise winner of the turbulence on global markets caused by Trump's tariffs
- The euro has reached a three-year high against the dollar, climbing to $1.138, as market confidence in the US currency declines due to trade policy shocks from President Donald Trump.
- President Trump has imposed tariffs on nearly all US imports, identified as the main trigger for currency turmoil and affecting global investors' trust in the US economy.
- Nigel Green of deVere Group warned that traditional dollar dominance is now questioned, calling this a major inflection point in global finance.
- Analysts note a growing 'Sell US' sentiment in markets as investors migrate from US assets amid increasing perceptions of risk due to US policy unpredictability.
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The euro rises 10% against the dollar and boosts Trump’s tariff damage
The weakness of the US currency since the beginning of the year due to uncertainty about the trade war increases exports from the EU due to the effect of the exchange rate Trump's trade war catches the EU with billions committed to industry and defense "We do not accept a new normality. 10% [of tariffs] that has unjustly imposed [the United States] cannot be a basis for discussion," said Monday the Minister of Agriculture, Fisheries and Food of …
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Total News Sources59
Leaning Left11Leaning Right6Center7Last UpdatedBias Distribution46% Left
Bias Distribution
- 46% of the sources lean Left
46% Left
L 46%
C 29%
R 25%
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