Central Banks

ECB’s Lagarde Says Euro’s Strength Is Counterintuitive, But Justified

Christine LagardePhotographer: Liesa Johannssen/Bloomberg

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By Mark Schroers and Francois de Beaupuy

May 17, 2025 at 8:00 PM UTC

Updated on

May 18, 2025 at 7:14 AM UTC

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European Central Bank President Christine Lagarde said the recent rise of the euro against the dollar is a consequence of US President Donald Trump’s erratic policies and an opportunity for Europe.