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European Commission Counts on Negotiations – the Euro Is in No Hurry to Decline
Trade negotiations between the EU and
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Trade negotiations between the EU and the U.S. remain in the spotlight, and their outcome is expected to have the greatest impact on the future trajectory of the euro.From an economic standpoint, the euro appears strong. Although eurozone GDP growth is forecast to be modest at around 1%, a recession is likely to be avoided. The European Central Bank has steadily lowered its rate from 4% to 2%, with one more cut to 1.75% expected this year — likely the
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Kuvat Raharjo,
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