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The Euro shines as EU Commission President goes to India for “Mother of all trade deals”

The Euro is getting lots of love this year having risen by 0.94% in value against the US Dollar since the start of the year, however from one year to date, the Euro has also risen by up to 13% against the US Dollar. The Euro currently stands at $1.185  and the Dollar Index at $96.94.

EU Commission President Ursula von der Leyen is currently in India along with EU Council President Antonio Costa to discuss an EU-India trade deal which is at an advanced stage. The EU Commission President is describing it as the “Mother of all Trade Deals”. The EU chiefs started their visit in India by attending the 77th India Republic Day parade at New Delhi.

Meanwhile, gold has also surged higher breaking the $5,000 mark. Silver is also rising to new highs currently at around $109.

 


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One response to “The Euro shines as EU Commission President goes to India for “Mother of all trade deals””

  1. […] The EU and India have finalised and signed their trade agreement opening up a free trade market of up to 2 billion dubbed as the “Mother of all Trade deals”. EU Commission President Ursula von der Leyen and EU Council President Antonio Costa were present in New Delhi to oversee the signing of the agreement. […]

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