Browsing: euro

The U.S. dollar index hit a two-year high as markets responded to optimism over Donald Trump’s policies and resilient economic performance in 2025.

The U.S. dollar posted strong gains in 2024, boosted by higher Treasury yields and a cautious Fed policy outlook, while markets braced for economic shifts under Trump’s administration.

Russia’s central bank reduced dollar and euro rates while increasing the yuan’s value, reflecting its pivot to Asia amid pressures on the ruble from global market trends.

Eurozone’s inflation at 2% raises caution around ECB rate cuts, ING’s Pesole notes EUR looks expensive as markets weigh wide rate gap between ECB and U.S. Fed.

Sterling climbs modestly against major currencies following positive labor market and inflation data from the UK.