💨 Abstract

The euro reached four-month highs versus the U.S. dollar on Thursday, boosted by a surge in European bond yields due to Germany's proposed 500 billion euro infrastructure fund and borrowing limits overhaul. The greenback remained near a four-month low against a basket of major peers, with the U.S. President Trump's administration granting a one-month reprieve on auto import tariffs to Canada and Mexico.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖