Data Gold March 6th news, Euro against the US dollar EUR/USD touched a four-month high today, is expected to achieve the best performance since November 2022, because after Germany proposed the establishment of a 500 billion euro infrastructure fund, the economic prospects in Europe are improving, which may offset the impact of global trade tensions. Karl Schamotta, Chief Market Strategist at Toronto Corpay, said: "The measures being taken by German leaders may revitalize the country, help reverse the long-term decline in basic economic infrastructure, and build a strong fortress against Russia. Traders' reactions are very optimistic, driving the euro higher against all major currencies." However, Mitsubishi UFJ senior currency analyst Lee Hardman warned of the downside risks to the euro from Trump's tariff threats, calling early April a critical "crucial moment" for the European economy.
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· 03-05 16:33
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Dana 500 miliar Jerman memicu pasar, euro mencapai level tertinggi dalam empat bulan
Data Gold March 6th news, Euro against the US dollar EUR/USD touched a four-month high today, is expected to achieve the best performance since November 2022, because after Germany proposed the establishment of a 500 billion euro infrastructure fund, the economic prospects in Europe are improving, which may offset the impact of global trade tensions. Karl Schamotta, Chief Market Strategist at Toronto Corpay, said: "The measures being taken by German leaders may revitalize the country, help reverse the long-term decline in basic economic infrastructure, and build a strong fortress against Russia. Traders' reactions are very optimistic, driving the euro higher against all major currencies." However, Mitsubishi UFJ senior currency analyst Lee Hardman warned of the downside risks to the euro from Trump's tariff threats, calling early April a critical "crucial moment" for the European economy.