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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59 Articles
A recent survey conducted online by the company Tavex, known for its work in gold and currency trading, shows that a significant part of the Bulgarian population is not ready to give up the lev in favor of the euro. Article Money changes, and everyone panics. Major reluctance to the euro due to prices appears for the first time in Romania TV.
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 …
Analysts and traders predict a retreat for the US currency and a strengthening of the European currency - Three out of four options contracts related to a further rise in the euro
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Bias Distribution
- 48% of the sources lean Left
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