New York (dpa-AfX)-The price of the euro has remained a bit under pressure in US trade on Thursday. Most recently, the community currency was traded at $ 1.0856. In early European business, she had noted a little higher. The European Central Bank set the reference course to $ 1.0830 (Wednesday: 1.0886).
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The euro has recently consolidated somewhat at the increased level. He had increased in the week -long week of the German government’s planned financial packages. Above all, the expectation of higher economic growth supported the euro. The euro had noted under $ 1.04 at the beginning of March. The euro lost on Wednesday after he had previously risen to $ 1.0947 and thus up to the highest level since October.
The future of the financial packages for the military and defense aimed at by the Union and the SPD is still open and ensures uncertainty. The Bundestag today dealt with the legislative proposals in a special meeting. The Greens still reject approval despite the concessions of CDU boss Friedrich Merz. Without them there is no two -thirds majority in the Bundestag.
Despite the latest price losses, experts from the Landesbank Hessen-Thuringia continue to see the euro at an advantage over the dollar. They referred to the economy worries due to US customs policy that play a larger role on the market and tend to strain the dollar.
The US’s customs conflict with the European Union (EU) is intensified. US President Donald Trump threatened the EU to 200 percent of 200 percent on wine, champagne and other alcoholic drinks from France and other countries of the European Union. The United States would collect these tariffs shortly if the EU did not take the planned customs back on American whiskey./La/ngu
