The euro has surged above the $1.20-threshold for the first time in two and a half years. What's behind the rally? And what does it mean for Germany's critical export industry?
The planned US tariffs on steel and aluminum have not gone down well with the United States' trading partners. With trade tensions intensifying, will we also see a currency war to make things even worse?
Following a meeting of central bank governors, ECB chief Mario Draghi has voiced concerns about the current strength of the euro area's single currency. The development makes it harder to exit crisis-era measures.
Analysts say little will change as Miguel Diaz-Canel takes over the presidency in Cuba. The country's economy is in desperate need of reform and US-Cuba relations are on the rocks after a brief honeymoon.
The euro has extended its considerable gains over the past two weeks ahead of this weekend's final round of the French presidential election. Markets appear confident that centrist Emmanuel Macron will win.
© 2018 Deutsche Welle |
Legal notice |
| Mobile version