Feature
Published on: 10. April 2025

Loss of confidence: Can the euro take over the role of the US dollar?

EZB-Präsidentin Christine Lagarde.
The Trump administration is shaking the confidence of the financial markets in US government bonds and the dollar. This presents an opportunity for the euro – it could become the global reserve currency. But only under certain conditions.

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Last updated: 24. July 2025
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