The euro moves in the area of tension between political turbulence between Europe and the new US government. The signs are more on devaluation, which is not bad under certain conditions for the German economy and the Value Stars Germany index.
A column by Holger Steffen, investment expert and consultant for the Value-Stars Germany index.
US President Trump pulls through his agenda uncompromisingly and at a record pace-and thus plunge the European countries from one embarrassment to the next. Customs policy in particular is painful for the local economy, after surcharges of 25 % on steel and aluminum, Trump is now targeting automotive imports, the sentence is also likely to be up to 25 %. The euro course illustrates the pressure situation, the community currency is still over parity. The question is how long. […]
