Porto-Franco City

The euro is experiencing a notable increase as investors increasingly view it as a viable alternative to the dollar in the face of global uncertainty.

According to Bloomberg, the euro has reached its highest level in three years, approaching $1.15, with analysts predicting a potential rise to $1.20 in the coming months.

This increase is driven by a reassessment of the dollar's traditional role as a safe-haven asset in light of new tariffs implemented by the Trump administration.

In just two days last week, the euro surged nearly 4%.