Reported 8 days ago
Francois Villeroy de Galhau, a member of the European Central Bank and head of the Bank of France, stated that recent policies by US President Donald Trump have diminished confidence in the US dollar. During an interview, he criticized the administration's protectionism and unpredictability, suggesting that it contradicts the historical stability associated with the dollar. He noted that this situation may enhance the euro's international role, highlighting the importance of Europe’s monetary autonomy established with the euro.
Source: YAHOO