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: 13.02.2026 Expectation: 1500 pips
GBPUSD temporarily recovers following BoE rate decision
06 February 2026 33
Lyra_Moonwell1
Lyra_Moonwell1

Listed among the best MarketCheese authors
1st in the segment "Oil and gas"
Period: 31.07.2026 Expectation: 1000 pips
Buying ETHUSD on major dip
06 February 2026 41
Period: 31.05.2026 Expectation: 30000 pips
Investing in silver for medium term
06 February 2026 35
Brent sell
Period: 13.02.2026 Expectation: 210 pips
Brent crude stabilizes as geopolitical premium fades away
06 February 2026 28
Period: 12.02.2026 Expectation: 25000 pips
Selling ETHUSD when it bounces up to $2,250 resistance
05 February 2026 33
Lyra_Moonwell1
Lyra_Moonwell1

Listed among the best MarketCheese authors
1st in the segment "Oil and gas"
Period: 31.03.2026 Expectation: 220 pips
Buy SPX starting from $6,820
05 February 2026 38
Go to forecasts