The prospect of a US-EU tariff war poses a significant threat to the already fragile Eurozone economy, which continues to struggle with weak demand. This uncertainty could further weigh on the Euro, adding to the downward pressure on the EUR/USD pair. Meanwhile, the US Dollar Index (DXY),...
EUR/USD soars sharply past the 1.0750 area on Thursday after less stellar jobs data in the United States (US) weakened the US Dollar (USD). That said, the EUR/USD is trading at around 1.0770s after hitting a daily low of 1.0692. Before Wall Street opened, the EUR/USD climbed on the...
The duties have triggered a muted market response, with the value of the Canadian dollar and Mexican peso falling less than 1% against the US dollar since this morning. “There is still some market doubt as to whether all these tariffs will persist for a prolonged period of t...
Fundamental analysis 22 April, 2025 During Asian trading, the British pound climbed against the US Dollar trading above 1.3400 levels. The GBP/USD currency pair strengthened in the Asian session and hit an almost seven month high as the dollar retreated following President Trump’s threats to sack...
Minimizing the influence of US dollar on Europe Leithner added that combining various key regulatory frameworks in the EU, such as Markets in Crypto-Assets Regulation (MiCA), the AI Act and the Digital Operational Resilience Act (DORA), “would enable the euro to gain competitive edge at global...
The itemized 100 US export products represent US$271.4 billion in American sales to the European Union in 2024 or 73.1% of total US exports into the European Union as measured by dollar value. Exports from the United States to the European Union equaled 18% of all US exported products sold...
The Australian Dollar fell sharply against the US Dollar during Asian trading below 0.6300 levels. The...
The US Dollar failed to make any gains on this data but rather weakened as markets weigh the effect of Trump’s policies on the value of the greenback. Key movers The European Union is preparing its response to new import tariffs announced by the United States. A spokesman said that they ...
BEIJING, October 11 (TiPost)— The European Union was reported to mull another anti-subsidy investigation targeting China following one that threatens growth of the trillion-dollar electric vehicle (EV) industry.Credit：Visual China The European Union (EU) planned to announce a probe into Chinese ...
Then in September, with the announcement of the AUKUS deal, the U.S. dealt yet another blow to the Europeans still frustrated with the exit from Afghanistan. France, which lost a multibillion-dollar contract due to the nuclear submarine pact, said it felt "betrayed" and "stabbed in the ...