Since Franklin D Roosevelt dethroned sterling as the world’s reserve currency 80 years ago, the dollar has reigned supreme as the global currency of choice.

The euro is trading in the tightest range since President Donald Trump’s inauguration despite his comments that US trade restrictions are coming to Europe, a sign of market fatigue around tariff threats.

The euro dropped on Friday, after a meeting between Ukrainian President Volodymyr Zelenskiy and U.S. President Donald Trump went up in flames, dashing hopes any peace deal could be reached soon in the war with Russia.

The European Central Bank has cut interest rates by another quarter percentage point to boost growth, lowering credit costs for consumers and businesses to support an economy that is struggling to grow - and could soon face even stronger headwinds from threatened U.

The euro rebounded on Monday as hopes for a Ukraine peace deal improved, and interest rate differentials moved against the dollar ahead of a possibly pivotal steer on U.S. economic growth in the February payrolls report late in the week.

The $7.5 trillion-a-day currency market has become a focal point for investors as President Donald Trump enacts the biggest US tariff increases in a century. Changing global trade patterns affect ...

Asian stocks rose on Thursday as investors held out hope that trade tensions could ease after U.S. President Donald Trumpexempted some automakers from tariffs for a month, while the euro stood tall ahead of the European Central Bank's meeting.

The chief of the European Union's executive on Tuesday proposed an 800 billion-euro ($841 billion) plan to beef up the defenses of EU nations, aiming to lessen the impact of potential U.S. disengagement and provide Ukraine with military muscle to negotiate with Russia following the freeze of U.

The euro was set for its best week in 16 years against the dollar on Friday, as Germany's game-changing fiscal reforms continue to attract buyers, while the greenback wallowed near a four-month low ahead of U.

“The signs that US exceptionalism is on the wane continue to increase” and the dollar has “fallen out of favour” amid the uncertainty, with the perceived inflationary impact of tariffs no longer enough to support it, said Kieran Williams, head of Asia FX at InTouch Capital Markets.