Gearbox Protocol USD Price & Performance (GEARUSD)

The German ZEW Economic Sentiment index for March exceeded expectations, rising to 51.6 from a previous 26.0. However, concerns linger as the Current Conditions index fell to -87.6. EUR/USD remains steady as investors focus on Germany's parliamentary vote on debt reform, which could significantly influence market dynamics.1

The EUR/USD pair is under pressure as upcoming U.S.-EU trade tariffs and German political negotiations weigh on sentiment. Analysts predict volatility ahead of a critical German vote on debt reforms and infrastructure spending. Additionally, Fitch’s review of France’s credit rating could further impact the euro's performance.2

Haven currencies, including the U.S. dollar, strengthened amid fears of slowing U.S. growth and looming tariffs. EUR/USD fell against its G-10 peers, with limited trading interest ahead of German elections. Meanwhile, weaker U.S. business activity and consumer sentiment have added to investor caution.3