EUR/USD remains subdued as the US Dollar (USD) appreciates, possibly driven by the safe-haven flows amid escalating tensions in the Russia-Ukraine conflict.
EUR/USD faces challenges due to safe-haven flows amid escalating Russia-Ukraine conflict. Traders anticipate that the incoming Trump administration's pro-inflationary policies could support the US Dollar. The Euro weakened due to fears over potential US trade tariffs' impact on Eurozone growth. EUR/USD remains subdued as the US Dollar appreciates, possibly driven by the safe-haven flows amid escalating tensions in the Russia-Ukraine conflict.
What is the ECB and how does it impact the Euro? The European Central Bank in Frankfurt, Germany, is the reserve bank for the Eurozone. The ECB sets interest rates and manages monetary policy. The ECB’s primary mandate is to maintain price stability, which means either controlling inflation or stimulating growth. Its primary tool is the raising or lowering of interest rates. Relatively high interest rates – or the expectation of higher rates – will usually benefit the Euro and vice versa.
Majors Macroeconomics Eurozone ECB
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