More than a third of German companies plan to slash jobs in 2025, according to Reuters experts who reviewed a study by the German Economic Institute (IW).
More than a third of German companies plan to slash jobs in 2025, according to Reuters experts who reviewed a study by the German Economic Institute (IW).
The Sentix survey showed that Eurozone investor sentiment fell to its lowest level in more than a year in April amid tightening import tariffs in the US. The index dropped from -2.9 in March to -19.5 in April, marking a new low since October 2023.
New import tariffs announced by US President Donald Trump strengthened the case for the European Central Bank to cut interest rates at its April 17 meeting. Besides, the pace of monetary easing is expected to gain momentum.
Following the implementation of tariffs by the United States, the European Union has decided to establish a task force on import monitoring to control possible evasion of duties. This announcement was made by Ursula von der Leyen, the head of the European Commission.
Germany’s industrial production contracted 1.3% in February, exceeding analysts’ expectations of a 1% drop. The fall was driven by a decline in construction activity, as well as a drop in food and energy production, Bloomberg reports, citing official statistics.
Greek Central Bank Governor Yannis Stournaras told the Financial Times that US tariffs risk shaving 0.5–1% off eurozone GDP growth. Stournaras argued that US trade policies are creating unprecedented uncertainty for the global economy.
An increase of the indicator value may contribute to the rise in quotes of EUR.
An increase of the indicator value may contribute to the rise in quotes of EUR.
German public sector workers are set to receive a staggered wage increase of 5.8%, according to Bloomberg. This decision comes after negotiations between employers and labor unions reached an impasse, prompting the country's arbitration court to step in.
Isabelle Schnabel of the European Central Bank stated that US import tariffs are contributing to global trade uncertainty and exacerbating the European Union's structural problems. Americans will also be affected by Donald Trump's actions, the official said.
An increase of the indicator value may contribute to the rise in quotes of EUR.
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.