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
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After 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
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