EUR/USD surge due to US dollar weakness, impacting trade strategy for banks

From Investing.com: 2025-06-30 04:59:00

The global economy faces challenges as the second half of 2025 begins, with trade tensions escalating. The US is set to lift the postponement of reciprocal tariffs, China controls key supply chains, and the US is making policy changes. The Federal Reserve may face pressure to cut rates due to slowing US economic indicators, while geopolitical tensions are rising, including conflicts in the Middle East and Ukraine. Currency markets are shifting, with the US dollar weakening, the euro strengthening, and the Australian dollar facing rate cuts. The Mexican peso is impacted by US policy shifts, and the Chinese yuan remains stable under government control.



Read more at Investing.com: EUR/USD Surge, US Dollar Weakness May Force Banks to Rethink Trade Strategy