Euro gets lift from German debt brake reform as currencies mired in trade war fallout

The euro surged to a nearly four-month high as Germany’s political parties agreed on a significant debt overhaul to revive the economy. Amid volatile global currency trading due to new U.S. tariffs, the euro benefited from increased defense spending optimism while the U.S. dollar weakened. The euro surged to a nearly four-month high as Germany’s political parties agreed on a significant debt overhaul to revive the economy. Amid volatile global currency trading due to new U.S. tariffs, the euro benefited from increased defense spending optimism while the U.S. dollar weakened.  Economic Times

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