The euro surged to its highest level in nearly four years against the U.S. dollar, as global investors turned to safe-haven assets amid growing geopolitical tensions and uncertainty surrounding the U.S.-China trade deal.
Market sentiment shifted sharply on Thursday as geopolitical tensions and fragile trade negotiations drove investors toward safer currencies. The dollar weakened after the U.S. president announced plans to send letters to trade partners outlining new tariff rates, with the 90-day pause on “reciprocal” levies nearing its end next month.
This retreat of the dollar helped the euro climb to $1.1589 — its highest level since late 2021 — supported not only by rate expectations but also growing investor confidence in the eurozone’s economic stability. Safe-haven currencies also gained ground, with the Swiss franc and Japanese yen rising 0.8% and 0.6% respectively, after President Trump’s warnings about rising Middle East tensions and efforts to curb Iran’s nuclear ambitions fueled caution.
In Asia, the Chinese yuan edged up to 7.1818 per dollar, though its gains were capped by persistent U.S.-China friction.
The White House says a meeting between Vice President JD Vance and Danish officials over Greenland was "productive."...
Venezuelan opposition leader Maria Corina Machado left the White House on Thursday, describing her first in-person meeting with President Donald Trump...
European countries have sent small numbers of military personnel to Greenland as Denmark moves ahead with plans for a larger NATO presence on the isla...
At least four people were injured after a large fire and explosions hit a residential building in the Dutch city of Utrecht, authorities said....
Israel said on Thursday that its forces struck Hezbollah positions across several areas in Lebanon after accusing the group of repeated ceasefire viol...
The White House says a meeting between Vice President JD Vance and Danish officials over Greenland was "productive."
Venezuelan opposition leader Maria Corina Machado left the White House on Thursday, describing her first in-person meeting with President Donald Trump as 'very well'.
At least four people were injured after a large fire and explosions hit a residential building in the Dutch city of Utrecht, authorities said.
Save the Children has pledged to expand maternal and child health services across Afghanistan after its new country director met the country’s public health minister in Kabul on Wednesday.
The Trump administration will suspend all visa processing for visitors from 75 countries beginning 21 January 2026, according to a State Department memo reported by media.
Saudi Arabia has informed Iran that it will not allow its territory or airspace to be used for any military action against Tehran, according to two sources close to the kingdom’s government cited by AFP.
At least four people were injured after a large fire and explosions hit a residential building in the Dutch city of Utrecht, authorities said.
Sweden is sending a group of military officers to Greenland at Denmark’s request, Prime Minister Ulf Kristersson said on Wednesday, as Nordic countries and NATO allies step up coordination around the Arctic territory.
Boeing booked more aircraft orders than Airbus in 2025 for the first time since 2018, official figures showed, even as the European manufacturer delivered more planes during the year.
The UK economy grew more strongly than expected in November, according to official figures, offering signs of resilience after months of weak performance.
China recorded the world’s largest-ever trade surplus in 2025, reaching $1.2 trillion as exporters shifted focus away from the U.S. amid ongoing trade tensions.
A coalition of women’s rights organisations, technology watchdogs and progressive campaigners is urging Apple and Google, owned by Alphabet, to remove the social media platform X and its associated chatbot, Grok, from their app stores.
Boeing booked more aircraft orders than Airbus in 2025 for the first time since 2018, official figures showed, even as the European manufacturer delivered more planes during the year.
U.S. oil major Chevron and private equity firm Quantum Capital Group are reportedly preparing a joint bid to acquire Lukoil’s international assets, as the sanctioned Russian energy company seeks to divest its overseas operations.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment