The euro continues to grow compared to the US dollar and has reached the highest value for more than three years.
According to the Stock Exchange, Euro on Friday at 10.10 hours sold for $ 1,13556, the highest value of the European currency since the end of February 2022.
At the end of the current trading week, the euro could cumulatively increase in 3.5 percent in relation to the US currency, after the Customs Policy of the US President Donald Trump re-encouraged the fear of the investor in the United States, trading economics writes.
Earlier this week, President Donald Trump announced a suspension of reciprocal customs in 90 days to enable negotiations, and the EU responded to the suspension of their own customs.
French President Emmanuel Macron warned that Trump’s move is only a “fragile break”, warning that business trust would further be under pressure.
The EU also reiterated that it will not change its digital regulatory framework as a condition for any trade agreement with the United States.
