17 June 2025 | Euro | Dollar

Strengthening global role of euro requires decisive action — ECB head

Strengthening global role of euro requires decisive action — ECB head

President of the European Central Bank (ECB) Christine Lagarde has called on policymakers to seize the moment and strengthen the global role of the euro, as US President Donald Trump’s trade policies undermine confidence in the dollar.

Lagarde emphasized that Europe must enhance its geopolitical reliability, economic resilience, as well as its legal and institutional integrity. In doing so, she reiterated her previous statements.

According to Bloomberg, investors have been actively selling off the US dollar since the beginning of this year due to President Trump’s unpredictable policies, especially in the area of trade. In addition, their interest in Europe has increased amid rising government spending in the region’s countries, particularly Germany.

However, as a recent ECB report showed, the international use of the euro in 2024 remained at the same level.

Period: 28.05.2026 Expectation: 155 pips
Investing in ETHUSD up to $2,425
Yesterday at 11:11 AM 34
Gold buy
Period: 21.05.2026 Expectation: 900 pips
Purchasing gold with $4,790 in view during consolidation following recent correction
Yesterday at 10:26 AM 30
Period: 14.07.2026 Expectation: 2700 pips
Investing in USDJPY with 160.700 target
Yesterday at 09:21 AM 32
Period: 31.05.2026 Expectation: 900 pips
​​EURUSD sell-off targets 1.1655
Yesterday at 09:12 AM 13
Period: 30.06.2026 Expectation: 1600 pips
Go short on SPX as correction risks mount
Yesterday at 09:10 AM 7
Period: 21.05.2026 Expectation: 1500 pips
Selling S&P 500 with 7,300 target amid inflation shock and overheated market conditions
Yesterday at 08:03 AM 18
Go to forecasts