EUR/USD Surge Reflects Market Concerns Over U.S. Economy – Coincu
The post EUR/USD Surge Reflects Market Concerns Over U.S. Economy – Coincu appeared on BitcoinEthereumNews.com.
Key Points: USD weakens against major currencies, impacting global markets. EUR/USD breaks 1.15 barrier for first time since 2021. Investor confidence in U.S. economic plans appears diminished. EUR/USD Hits Highest Level Since 2021 Amid USD WeaknessAdam Button reported that the EUR/USD rose above 1.15 on April 21, 2025, reflecting significant USD selling amid “thin market liquidity.” The USD’s depreciation against other currencies highlights skepticism over U.S. economic policies, according to FXStreet. Although today the market liquidity is thin, the USD selling continues. The EUR/USD rose above 1.15, the first time since November 2021, with an intraday gain of over 1%. The market has no confidence in the U.S. economic plan, and the USD has always been at the core of a system built over 80 years, and all of this is being destroyed. Gold Prices and Regulatory Influence amidst USD Decline USD has been depreciating across the board, notably against the Swiss franc, reaching nearly a 10-year low. This shift, coupled with granular market liquidity, spurred the volatility observed in major currency pairs. The broader financial market exhibited reactions, with gold prices reaching new highs, signaling increased risk aversion. Despite these forex shifts, no notable DeFi protocol or on-chain staking changes were identified, leaving investors vigilant for further central bank updates. Analysis from the Coincu research team indicates ongoing monetary policy shifts could lead to regulatory responses and technological innovations in response to market volatility. Historical patterns suggest that USD-backed securities may face reevaluation as central banks play a crucial arbitration role within global economies. PAX Gold Market Data Did you know? EUR/USD’s surge past 1.15 echoes its strong performance in November 2021, driven by similar USD weakening amidst macroeconomic tension. PAX Gold (PAXG) exceeded $3,402.90, with a market cap of $783.74 million, according to CoinMarketCap. Its 24-hour trading volume…
Filed under: News - @ April 21, 2025 4:14 am