From Morningstar: 2025-04-03 12:45:00

European currency markets saw the US dollar fall against the euro, yen, and Swiss franc, while the British pound gained. The euro is now valued at $1.1145, hitting a six-month high against the dollar on April 3.

Analysts attribute this shift to increased US recession and inflation fears. Tariffs are expected to impact US companies, potentially leading to retaliatory measures. The euro’s rise may continue as the EU prepares support measures in response to US tariffs.

Uneven tariffs could alter currency dynamics, affecting countries differently. Capital flows may reverse as countries consider repatriating assets, weakening the US dollar and US financial assets. US debt refinancing in 2025 may also impact currency stability.



Read more at Morningstar: Where Next for the US Dollar and Euro After Tariff…