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Euro, the surprise winner of the turbulence on global markets caused by Trump's tariffs

  • The euro has reached a three-year high against the dollar, climbing to $1.138, as market confidence in the US currency declines due to trade policy shocks from President Donald Trump.
  • President Trump has imposed tariffs on nearly all US imports, identified as the main trigger for currency turmoil and affecting global investors' trust in the US economy.
  • Nigel Green of deVere Group warned that traditional dollar dominance is now questioned, calling this a major inflection point in global finance.
  • Analysts note a growing 'Sell US' sentiment in markets as investors migrate from US assets amid increasing perceptions of risk due to US policy unpredictability.
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Portfolio.hu broke the news in on Friday, April 11, 2025.
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