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ECB President Christine Lagarde said the euro's appreciation against the dollar reflects the strength of the euro zone's economy, not only market conditions. Her remarks were made in Portugal on July 1.
Her comments signal the ECB sees the euro's rise as partly fundamental, which can limit future policy easing. A stronger euro makes dollar-priced feed imports cheaper for European buyers.
reuters.comJul 1, 2025After 388 past bullish macro events, Euro (USD per EUR) moved a median +0.3% over 5 sessions (62% higher; middle half -0.4% to +1.1%), and +0.1% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
