Enjinstarter USD Price & Performance (EJSUSD)

The German ZEW Economic Sentiment for March exceeded forecasts at 51.6, up from February's 26.0. However, the Current Conditions index fell deeper into negative territory at -87.6. The euro remains stable against the dollar as markets await key political developments in Germany, including a parliamentary vote on debt reform.1

The euro’s position against the US dollar has weakened amid trade tariff concerns and German political negotiations. Upcoming reciprocal tariffs and debates over a €500 billion infrastructure package are creating market uncertainty. Analysts predict volatility as the euro faces bearish sentiment in the FX options market.2

The Bank of Canada’s seventh consecutive rate cut and rising oil prices have caused fluctuations in the USD/CAD pair, which recently reversed lower. Meanwhile, US tariffs on steel, aluminum, and auto parts are adding complexities to trade negotiations, affecting both currency and commodity markets.3