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As the U.S. dollar soars, here are Europe's biggest winners and losers

13 January 2025
in World
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As the U.S. dollar soars, here are Europe's biggest winners and losers
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Analysts predict that the recent strengthening of the greenback may impact Europe positively and negatively, as the major currencies of the bloc are expected to weaken further in 2025 due to President-elect Donald Trump’s inauguration and ongoing economic uncertainty. The U.S. dollar index reached a two-year high following a strong jobs report, but subsequently dropped slightly. By Tuesday morning, the index was down to 109.59 after hitting 110, its highest level since November 2022.

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Tags: biggestBreaking News: Marketsbusiness newsCurrency marketsdollarDonald TrumpEconomic eventsEUR/USDEurope039sForex marketsGBP/USDLondonlosersMarketspricesSoarsU.SUnited StatesUS Dollar/Swiss Franc FX Spot RateWinners
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