Expect dollar volatility to continue in coming months

The world’s most transacted currency pair, the euro/dollar (EUR/USD) had an eventful first half of 2025. The euro is currently up by over 10% from where it commenced the year. Picture: Kerem Uzel/Bloomberg
The world’s most transacted currency pair, the euro/dollar (EUR/USD) had an eventful first half of 2025. The euro is currently up by over 10% from where it commenced the year - quite a turnaround for the euro after a weak opening two months, when EUR/USD fell to a low of $1.015 in February.
As the months progressed though, the single currency saw a significant reversal of fortunes against the dollar. However, this had more to do with weakness on the part of the dollar rather than any standout euro strength.