The Euro resumed its rally thanks to speculation about European interest rates

The Euro resumes thanks to speculation about European interest, as the euro rose in the European market on Tuesday against a basket of global currencies, to resume its gains that stopped over two days against the US dollar as part of corrections and profit-taking from the highest level in five months, this rise comes thanks to the growing speculation about raising European interest rates by about 75 basis points next month, and the levels of the US currency fell, in light of the improvement in risk sentiment in global financial markets, and the slowdown in demand for safe-haven assets, as it is likely on a large scale to control the protests that erupted in China, with the authorities’ tendency to ease Restrictions associated with the zero COVID policy.