February 27, 2025 – Written by Frank Davies
STORY LINK Euro Exchange Rates Hold Steady Despite Trump 25% EU Tariff Threat
President Trump pushed back tariffs on Canada and Mexico, but then threatened the EU with 25% tariffs.
The market reactions to his comments have been getting milder. EURUSD dropped around 30 pips but recovered again.
Defense spending in the EU is likely to increase, potentially pushing up growth and inflation and supporting the euro.
“Risk off” has been the theme of the week, with stocks…
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