Gate.io: Trade War Risk Pricing Insufficient, Euro May Face Further Decline

GoldenOctober2024

2025-02-28 09:44:35

On February 28, Jinshi Data reported that Chris Turner, an analyst at ING Bank, pointed out in a report that there is further downside risk for the Euro due to the fact that the market has not fully priced in the outlook of global trade wars. Turner said that any news of a protocol reached between Canada and Mexico and the United States could lead to a rebound in the Euro. However, at present, the tariff threats and their impact on the rise of the global economy are negative factors for the Euro. Investors may take a more defensive stance before the tariff deadline next week.

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