Categories Finance

ECB’s Lagarde:EUR/USD up justified by the uncertainty & loss of confidence in US policies

ECB President Christine Lagarde says the euro’s recent appreciation against the dollar—despite global uncertainty—is “counterintuitive, but justified” by a growing loss of confidence in U.S. policymaking. Lagarde spoke in an interview with French media, La Tribune Dimanche, published on Saturday: “It’s impressive to note that in a period…

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