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Analyst: The fall of the euro is unlikely to continue.
Jin10 data reported on July 30, Monex Europe analysts stated in a report that the recent fall of the euro following the US-EU trade agreement may be temporary. They noted that the eurozone's economic growth seems poised for recovery, which will support the euro in the medium term. This view is supported by earlier eurozone GDP data, which showed that the French economy grew by 0.3% in the second quarter, better than expected. Previously, concerns about the economic impact of the 15% tariffs imposed by the US on the EU as part of the agreement pressured the euro.