💨 Abstract

The U.S dollar is near a five-month low against major peers due to President Trump's trade policies and weak macroeconomic data. The euro is close to a five-month peak after a German fiscal deal boosting defense spending and growth. Goldman Sachs analysts highlight a sharp decline in U.S. assets and a rise in German fiscal impulse, challenging the U.S. exceptionalism narrative. The euro is at $1.0879

Courtesy: theprint.in

Summarized by Einstein Beta 🤖