empty
 
 

23.02.202608:39:47UTC+00Euro Rebounds Above $1.18

The euro climbed back above $1.18, rebounding from last week’s one-month low as the US dollar weakened amid renewed uncertainty over US trade policy. Over the weekend, US President Donald Trump said he would raise a temporary tariff on imports from 10% to 15%, after the US Supreme Court on Friday blocked his broader tariff package. EU Trade Commissioner Maroš Šefčovič held talks on Saturday with US Trade Representative Jamieson Greer and Commerce Secretary Howard Lutnick, as Brussels seeks clarity on whether the transatlantic trade agreement concluded in Scotland last summer remains in force following Trump’s latest tariff threat. The rapid developments prompted a senior EU lawmaker to urge the European Parliament to postpone a vote on legislation implementing the EU’s side of the deal. Investors are now awaiting inflation data from Germany, France and Spain later this week for further insight into how the euro’s appreciation could affect price pressures and shape the ECB’s policy outlook.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $1000 more!
    In February we raffle $1000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback