Gate.io: Euro gains may still be limited after the German election

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The data from Jin10 on February 24th, Holland International Bank analyst Francesco Pesole said in a report that the euro is unlikely to continue to pump significantly after the German election on Sunday. With the start of coalition government negotiations, especially discussions on debt rules, the euro may continue to react. However, German politics may soon become a secondary factor for the euro again, with the trend of the euro mainly driven by the news of US tariffs and the negotiations between the US, Russia, and Ukraine. The risk of US tariffs and the loose policy stance of the Central Bank of Europe should limit the euro's rise, and 'ultimately, we expect the euro to return below 1.04 against the US dollar in the next four weeks'.

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