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Dollar eases vs euro after German vote on a spending surge - REUTERS

MARCH 19, 2025

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Summary

  • German parliament approves Merz's historic spending surge
  • Central bank meetings this week focus on forward guidance
  • Fed expected to hold rates

NEW YORK, March 18 (Reuters) - The dollar eased against the euro on Tuesday as Germany's parliament approved plans for a massive spending surge on Tuesday and as the Federal Reserve kicked off its March policy meeting that could offer clues to the path of U.S. interest rates.
The euro was 0.2% higher at $1.0945, after hitting $1.0954 earlier in the session, its highest since October 10.

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