Euro is away – and Trump’s policies may rise further

The global importance of the euro will continue to strengthen this year, and the political forces will increase the gas to the bankers and strategists, the fuel will increase.

Speaking at an economic forum in the European Central Bank, the European Central Bank, the European Central Bank, as the highest global reserve asset, Greenbbak’s increasingly increasingly increasingly increasingly increasingly increasingly increasingly increasingly increasingly, will be seen as a continuous alternative as a police officer.

“If you combine (US) tariffs Attacks in Fed The ‘beautiful’ tax bill with US financial sustainability, this last weeks explains the evolution of the dollar in recent weeks, Governor of the Greece Central Bank, Greece Central Bank.

“Tariff applicants will first damage,” stones added the economic impact of higher rates.

Potential status of the US-European Union Trade Deal on Monday Stays in Limboexpected with an update in the coming days. Providing Washington’s early trading deals – including Uk and Vietnam – Although the tasks of the White House will be higher than the threats in April in April, more than the threats in April than the beginning of the year.

So far, in 2025, in the US Tariff Negotiations in the US Tariffs and the effects of their economy and inflation, a Finance Treaty in the EUYou have managed about an increase of about 14% against the euro’s dollars. Came in spite of these gains ECB Interest Rates and To stop them from federal reserves.

US President Donald Trump has passed last week last week Sweep tax and spending feeto hit a large political victory – it is expected Increase federal deficiencypotentially fills further than US creditors In the market chaos already the balcases This year round the tariffs.

“The status of the dollar is not going to change from one day to another, Euro is in the position of winning international resources,” stations continue. This will require the EU banking Union and the Capital Markets Union and to reduce internal barriers to increase the Europe’s role in international markets.

Gabriel Makhluf, the head of the Central Bank of Ireland, reflected the mood.

“I think that we now see the dollar is an arrangement, an arrangement of investors,” said Makhlouf.

“It’s not so tariff that gets a large number of hoods.

The global ratio of Euro in foreign exchange reserves has been in about five for more than a decade. The share of US dollars consists of 68.8% over the year By the end of 57.8% of 2014 According to an ECB report published in 2024, in June, it is still not clear in 2025 with the exact impact of the queues.

Although the euro does not want to replace the dollar, Makhluf said that it has increased its global position and the ECB and political leaders should take an opportunity to capitalize this point.

Paschal Donohoe, EURO Region Finance Minister Union Eurogroup, CNBC’s Charlotte, especially, the large increase in euro-denominated debts, said Nextgenerationeu Project designed in response to Covid-19 pandemic.

“The main thing for us is that we can have strong foundations in place for the euro,” Donohoe said stability as one of the most important factors on Saturday.

The fact that the recent spike Geopolitical Risk and Oil prices Only a small and temporary impetus for the dollar, the fragility of Newfound, Francesco Pesole, FX strategy, recorded in a note on June 26.

“It is true that the FX market, which is highly efficient, did not sell the great risks of a long-lasting conflict and higher energy prices. However, at least partially, it is widespread to carry the dollar due to medium-term considerations.

These factors include financial concerns, Political threats to federal reserve independenceor earlier noted the Fed interest rate cut than expected.

Deutsche Bank Strategists George Saravelos and Christian Wietoska, on July 1, the main background of the dollar was the fact that “foreigners did not purchase enough dollars to finance America’s great current account failure.”

“The foreigners do not need to sell US assets to weaken US dollars, but to say more to buy more. This continues to be a message of various high-frequency dollar flow measurements.

– CNBC’s Chloe Taylor contributed to this story.