The euro surged to a three-year high against the US dollar amid tariff-driven market volatility, as investors offloaded US assets and sought safety in haven currencies. Despite renewed sell-offs on Wall Street, European stock markets are poised to open higher.

The euro surged to a three-year high against the US dollar amid tariff-driven market volatility, as investors offloaded US assets and sought safety in haven currencies. Despite renewed sell-offs on Wall Street, European stock markets are poised to open higher.

Archived version: https://archive.is/newest/https://www.euronews.com/business/2025/04/11/euro-soars-to-3-year-high-as-investors-flee-us-assets-over-tariff-woes

Disclaimer: The article linked is from a single source with a single perspective. Make sure to cross-check information against multiple sources to get a comprehensive view on the situation.

  • MudMan@fedia.io
    11·
    11 months ago

    Well, yeah, but the news isn’t about the dollar losing its reserve currency status, it’s about it dropping against the euro. Sure, it may be a bellwether of the deeper, actually unprecedented change coming up, but, you know, three-year high means what it means.