As the U.S. dollar soars, here are Europe’s biggest winners and losers
2025-01-13 09:57:01 source：CNBC
Janurary 13, 2025
The recent strengthening of the greenback could both benefit and hurt Europe, analysts say, with market watchers anticipating further weakening of the bloc’s major currencies in 2025 as President-elect Donald Trump takes office in the U.S. and economic uncertainty persists.
The U.S. dollar index — which measures the greenback against a basket of rivals — hit its highest level in more than two years on Monday, following a hotter-than-expected jobs report out of the United States last week.
By 6:29 a.m. London time on Tuesday, the dollar index was down 0.3% to trade at 109.59. A day earlier, it climbed to 110, its highest price since Nov. 2022.
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