No change of the indicator value may reduce the volatility of the related markets.
No change of the indicator value may reduce the volatility of the related markets.
The European Union is ready to make another attempt to reach a free trade agreement with Australia. The parties have been trying to secure the deal since 2018, but now they face a common threat—Donald Trump's aggressive import tariffs, Bloomberg reports.
The European Union believes that trade talks with the US could extend beyond the July 9 deadline set by President Donald Trump. The EU considers reaching an agreement on the principles of the deal by that date to be the best scenario.
ECB Governing Council member Yannis Stournaras compared the unpredictable US trade policy with the balanced approach of the region’s officials. In an interview with Handelsblatt, he also noted the euro’s chances to strengthen because of the weakening dollar.
European Central Bank (ECB) Governing Council member Boris Vujcic believes officials should wait until September before having an in-depth discussion about adjusting interest rates.
Spain's economy expanded by 0.6% in the first quarter, with the second quarter growth expected to reach 0.5–0.6%, according to the country's central bank. Bank of Spain Governor Jose Luis Escriva on Monday revised downward the GDP growth forecast for this year from 2.7% to 2.4%.
The German research group Sentix has recorded a significant improvement in the eurozone investor sentiment. The index rose to 0.2 points in June from -8.1 points in May, exceeding analysts' forecasts of -6.0 points.
French Budget Minister Amelie de Montchalin said the country must "put its finances in order." Otherwise, oversight bodies of the International Monetary Fund (IMF) and European institutions could intervene and take measures to stabilize the region's financial situation, she stated.
Barclays analysts expect the ECB to continue cutting borrowing costs in the second half of the year. Despite ECB President Christine Lagarde's suggestions that the monetary easing cycle might be nearing its end, strategists anticipate 25 basis-point rate cuts in both September and December.
ECB Governing Council member Robert Holzmann has called for a halt to further monetary easing until autumn, arguing that the eurozone should keep its current interest rate on hold to safeguard against resurgent inflation.
The Bank of Spain has lowered its 2025 economic growth forecast for the country, citing heightened economic uncertainty due to US trade policies. In a statement yesterday, central bank governor Jose Luis Escriva announced an expected GDP growth rate of 2.4%, down from the March projection of 2.7%.
The European currency is one of the world's major monetary units. It has a crucial role to play in the global economy. Market participants constantly need to identify trends and forecast fluctuations in the euro exchange rate in order to make reasonable trading decisions.
Market manipulation by large investors has a significant impact on the exchange rate of the European currency. Their actions can both stabilize and greatly shake the money market. These may include:
Investment activity monitoring can help to understand and predict trends in the movement of the European currency rates.
Forecasting the value of the euro is a challenging task. There are many reasons for this, including geopolitical and economic risks that make foreign exchange markets particularly susceptible to change. Minor political instability or financial crisis in certain countries may have a significant impact on the value of the European currency, emphasizing the need to carefully consider these factors when developing investment strategies.
Successful trading the Eurozone currency requires a comprehensive approach. Analyzing global political and economic circumstances, taking into account the influence of traders, and assessing risks are integral parts of the decision-making process for opening trading positions.