The euro fell in the European market on Wednesday against a basket of global currencies, deepening its losses for the fourth consecutive day against the U.S. dollar, hitting its lowest level in 2024, trading below the 1.06-dollar mark for the first time this year, due to escalating risks surrounding the European economy. These risks include political tensions in Germany, "the largest economy in Europe," as well as trade pressures from elected President Donald Trump. These factors may prompt the European Central Bank to accelerate the pace of monetary easing and cut European interest rates
-255*160.webp)
#News
22 Jul 2025
The British pound gives up two-week highs
The British pound fell against a basket of global currencies at the opening of European trading on T...
Read More
-255*160.webp)
-255*160.webp)
