Malaysia

2025-06-27 02:14

IndustryAfter breaking through the 1:1.16 mark on the 24th
After breaking through the 1:1.16 mark on the 24th, the euro-dollar exchange rate rose to 1:1.171 on the 26th, reaching its highest level since September 2021. Data from the European Central Bank's official website showed that the reference exchange rate of the euro to the US dollar on the 26th was 1:1.1695. The German Securities Daily website reported that many economists believe that the US dollar may continue to weaken in the future. The erratic policies of the US government have further weakened market confidence in the US dollar. This round of exchange rate changes is mainly due to the rapid depreciation of the US dollar, while the euro has passively appreciated in comparison. Market participants believe that the rise of the euro against the US dollar is not due to the strengthening of European economic fundamentals, but due to the large-scale selling of US dollar assets. So far this year, the appreciation of the euro against the US dollar has exceeded 10%.#VeteranIBSuccessStory#CommunityAMA#RealBrokerExperience#ReviewBrokersforRewards
Like 0
I want to comment, too

Submit

0Comments

There is no comment yet. Make the first one.

FX2553528762
Trader
Hot content

Industry

Event-A comment a day,Keep rewards worthy up to$27

Industry

Nigeria Event Giveaway-Win₦5000 Mobilephone Credit

Industry

Nigeria Event Giveaway-Win ₦2500 MobilePhoneCredit

Industry

South Africa Event-Come&Win 240ZAR Phone Credit

Industry

Nigeria Event-Discuss Forex&Win2500NGN PhoneCredit

Industry

[Nigeria Event]Discuss&win 2500 Naira Phone Credit

Forum category

Platform

Exhibition

Agent

Recruitment

EA

Industry

Market

Index

After breaking through the 1:1.16 mark on the 24th
Malaysia | 2025-06-27 02:14
After breaking through the 1:1.16 mark on the 24th, the euro-dollar exchange rate rose to 1:1.171 on the 26th, reaching its highest level since September 2021. Data from the European Central Bank's official website showed that the reference exchange rate of the euro to the US dollar on the 26th was 1:1.1695. The German Securities Daily website reported that many economists believe that the US dollar may continue to weaken in the future. The erratic policies of the US government have further weakened market confidence in the US dollar. This round of exchange rate changes is mainly due to the rapid depreciation of the US dollar, while the euro has passively appreciated in comparison. Market participants believe that the rise of the euro against the US dollar is not due to the strengthening of European economic fundamentals, but due to the large-scale selling of US dollar assets. So far this year, the appreciation of the euro against the US dollar has exceeded 10%.#VeteranIBSuccessStory#CommunityAMA#RealBrokerExperience#ReviewBrokersforRewards
Like 0
I want to comment, too

Submit

0Comments

There is no comment yet. Make the first one.