According to Reuters, France and Germany are weighing possible countermeasures against the US if talks with the Trump administration fail to produce an agreement.
23 July
Euro News (EUR)
Categories
An increase of the indicator value may contribute to the rise in quotes of EUR.
20 May
Germany plans to rein in spending in this year's budget — Reuters
Germany’s new Finance Minister Lars Klingbeil has begun intensive preparations for the 2025 and 2026 budgets, Reuters reported. The new budget focuses on cost savings despite the establishment of a large infrastructure fund.
20 May
ECB considers gold markets as source of risk to financial stability
Economists at the European Central Bank (ECB) say that gold markets could endanger the financial stability of the eurozone in the event of a geopolitical crisis. The greatest threat is posed by demand for physical settlements, the dominance of large traders, and non-transparent transactions.
20 May
The European Union's Executive Committee stated that the eurozone GDP will grow by just 0.9% this year in its outlook for the 27 member states and the 20 euro-using countries. Last November, it had projected growth of 1.3%.
19 May
Dollar falls against major currencies after US credit rating downgrade
On May 19, the US dollar fell against a number of foreign currencies following the downgrade of the American government's credit rating.
19 May
France to announce record foreign investment at Macron’s annual summit — Bloomberg
Bloomberg says that French President Emmanuel Macron will report 37 billion euros ($41.1 billion) in foreign investment during the annual meeting with business leaders. His goal is to improve investor sentiment as the country’s anemic economic expansion is facing damage from US trade duties.
19 May
Germany's €500 billion spending plan could prompt EU fiscal rule revision
Germany may advocate for changes to the European Union's recently updated fiscal rules following the establishment of a new €500 billion (approximately $560 billion) special fund, according to Moritz Schularick, president of the Kiel Institute.
19 May
Easing trade tensions may bring back interest in dollar carry trade — Barclays
According to Barclays analysts, carry trade deals may see a resurgence in the short term. Experts say the tension between the US and China is easing, which means less pressure on central banks to cut interest rates.
19 May
No change of the indicator value may reduce the volatility of the related markets.
19 May
No change of the indicator value may reduce the volatility of the related markets.
19 May
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.
Key drivers of the euro are the following:
- Macroeconomic indicators such as consumer price indices (CPI), estimates of gross domestic product (GDP), and central bank decisions;
- Political variables such as geopolitical stability and government policies.
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:
- large injections or withdrawals of currency from the market;
- change in the general mood among investors, which often depends on economic and political conditions.
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.
