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

EU prepares strong response to possible 30% US tariffs — Reuters

Euro lacks bullish momentum for further growth — ING

Analysts at ING believe the euro lacks bullish momentum. The single currency is unlikely to reach the highs seen in early July anytime soon. Meanwhile, market participants are slowly giving up on the US-EU trade agreement.

23 July

Euro lacks bullish momentum for further growth — ING

One in four German startups may exit domestic market due to lack of investment — Bitkom survey

According to a study by the digital association Bitkom, one in four tech startups in Germany is considering leaving the domestic market. Founders worry that the country’s economic downturn could weigh on prospects for securing venture capital and slow down company growth.

23 July

One in four German startups may exit domestic market due to lack of investment — Bitkom survey

BofA predicts euro will rise to 1.17 against US dollar by late 2025

Bank of America confirms its forecast for the euro to strengthen against the US dollar. The bank expects the currency pair to reach 1.17 by the end of 2025. The current euro exchange rate appears stronger against the greenback.

22 July

BofA predicts euro will rise to 1.17 against US dollar by late 2025

Germany's major companies announce massive investments to revive economy

More than 60 of Germany's major companies have announced the launch of an investment campaign with projects worth about 100 billion euros ($116 billion).

22 July

Germany's major companies announce massive investments to revive economy

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.