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Joost Derks: the Dollar Beats the Euro This Year Due to AI, Oil, and Interest Rates

Summary by De Telegraaf
In the first half of 2025, the dollar plummeted; this year, however, it is rising. Oil prices, the AI boom, and a growing interest rate differential with Europe are pushing the currency up. Or will US jobs figures on Thursday tip the scales?

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De TelegraafDe Telegraaf
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Joost Derks: the Dollar Beats the Euro This Year Due to AI, Oil, and Interest Rates

In the first half of 2025, the dollar plummeted; this year, however, it is rising. Oil prices, the AI boom, and a growing interest rate differential with Europe are pushing the currency up. Or will US jobs figures on Thursday tip the scales?

·Amsterdam, Netherlands (Kingdom of the)
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De Telegraaf broke the news in Amsterdam, Netherlands (Kingdom of the) on Wednesday, July 1, 2026.
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