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Notícias de trading
31 Jan 2017
Trump's Trade Advisor Accuses Germany Of Using "Grossly Undervalued" Euro - FT
Peter Navarro, the head of Trump’s new National Trade Council, told the Financial Times that Germany is using a grossly undervalued euro to exploit the US and its EU partners.
Key headlines:
• Euro is like an implicit Deutsche Mark
• Low valuation gives Germany an advantage over its main partners
• Germany is one of the main hurdles to a trade deal with the EU
• Talks with the EU over the TTIP are dead due to Brexit
News of the statement sent the EUR/USD pair sharply higher, spiking to fresh multi-day tops near 1.0760-65 region.