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Strong euro compared to the dollar makes German goods pricier for global buyers.

Smaller companies that can’t easily protect themselves from currency swings have it worse.

The European Central Bank is reportedly targeting the launch of the digital euro by 2029.

German Chancellor Friedrich Merz has publicly said he is worried about the US dollar staying weak against the euro, with the exchange rate sometimes going above $1.20.

According to him, this is putting a heavy extra burden on Germany’s economy, which relies on exports, and is particularly hard for smaller companies that can’t easily protect themselves from currency swings.

When the euro is strong compared to the dollar, it makes products made in Germany more expensive for foreign buyers. This hurts their ability to compete on price against goods from the US and elsewhere, adding to the challenges alread…

Read The Full Article Merz Warns Weak Dollar Burdens Exports, Calls for Digital Euro On Coin Edition.