💨 Abstract

The euro reached a four-month high against the US dollar on Thursday, boosted by Germany's proposed 500 billion euro infrastructure fund and borrowing limits overhaul. The US dollar weakened after President Trump's administration granted a one-month reprieve on auto import levies to Canada and Mexico. Sterling and the Australian dollar also gained, with the British currency hitting a four-month peak. The yuan slipped from a four-month top.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖