<ul><li>ECB President Christine Lagarde stated that the euro's strength against the dollar is due to the uncertainty and loss of confidence in US policies.</li><li>Lagarde sees this as an opportunity for Europe and emphasizes the need for deepening the European Union to capitalize on this moment.</li><li>Investors have been moving away from the US dollar this year, reflecting concerns over US policymaking including tariff policies and threats to the Federal Reserve's independence.</li><li>Other ECB policymakers, like Vice President Luis de Guindos and Executive Board member Isabel Schnabel, also see potential for the euro to strengthen internationally if Europe enhances integration efforts.</li></ul>

ECB’s Lagarde Says Euro’s Strength Is Counterintuitive, But Justified

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