Latest / The European Economy Podcast with Fexingo: ECB, Eurozone, and Continental Markets
Why the Euro Is Defying Its Old Weakness Reputation
The euro has been quietly strengthening this year, even as the Eurozone economy grows at a modest 1.6 percent and energy prices remain elevated due to the Iran conflict. Lucas and Luna dig into the numbers: the trade-weighted dollar index has slipped to 119.3, while the euro holds around $1.16. They explore the structural shift behind the currency's resilience — from a shrinking US current account deficit to Europe's pivot toward defense spending and domestic demand. Along the way, they touch on the ECB's challenge of managing sticky core inflation at 3.3 percent without…
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