Euro emerging as safe haven amid Donald Trump tariff moves
(Pixabay photo)
The US dollar has dropped compared to the EU’s euro and the value of gold. Here is a report related to the euro:
Euro emerges as safe haven amid Trump tariff turmoil
15 April 2025
Investors are shifting away from the US dollar in response to Trump’s aggressive tariff policies and new confidence in the eurozone. Could this be the single currency’s moment to shine? …
The euro has surged over 10% against the US dollar since January …
While much of the euro’s rally stems from a flight from the dollar due to US President Donald Trump’s protectionist trade policies — including steep tariffs of 145% on China — part of the single currency’s strength reflects growing confidence in the eurozone economy.
The 20-member eurozone is rebounding from a mild recession in 2023, with growth of 0.8% last year and a projected 1.3% expansion in 2025. However, looming 20% US tariffs on imports from the European Union — currently paused for 90 days — could still derail this outlook.
Anticipating a European recovery amid US economic uncertainty, many foreign investors are shifting capital from the dollar into European stocks and bonds, further bolstering the euro’s value. … major currency swings of 10% in mere months are relatively rare and the euro is increasingly being seen as a counterweight to the dollar during these turbulent geopolitical times, as fears grow that Trump’s tariffs could tip the US economy into recession.
“Trump is undermining trust in the rationality of US policymaking, the long-term outlook for US growth and the sustainability of its public finances,” Holger Schmieding, chief economist at Berenberg Bank, told DW. “As a result, the dollar is losing some of its value, but the euro is no real alternative.”
Schmieding cited the damage Trump’s trade agenda could do to the global economy, which he said “could weigh on eurozone growth and require the ECB to respond with more rate cuts.”
Oxford Economics estimates that if Trump proceeds with 20% tariffs on EU exports, eurozone growth could decline by up to 0.3 percentage points this year and next. The projection assumes Brussels would respond with targeted countermeasures on US goods rather than full-scale retaliation. https://www.dw.com/en/euro-emerges-as-safe-haven-amid-trump-tariff-turmoil/a-72216210
Dollar Hits 3-Year Low Against the Euro in Tariff Turmoil
April 11, 2025
The dollar continued its fall against major currencies …
Why The Dollar Is Weakening
“The main catalyst is an apparent repatriation trade from European investors, who are selling USD denominated assets and repatriating capital to the eurozone,” says Peter Kinsella, global head of forex strategy at Union Bancaire Privée (UBP). …
According to ING forex strategists, “The euro remains a key recipient of dollar outflows” and the massive EUR-USD rally is “almost entirely a function of the loss of confidence in the dollar, and not at all justified by underlying short-term rate dynamics.” https://www.morningstar.com/markets/dollar-hits-3-year-low-against-euro-tariff-turmoil
Safe-haven gold surpassed the key $3,200 mark for the first time on Friday, spurred by a weaker dollar and economic concerns due to an intensifying trade war. …
“Recession risks are mounting, bond yields are soaring, and the U.S. dollar continues to weaken – all factors reinforcing gold’s role as a crisis hedge and inflation shield,” said Alexander Zumpfe, a precious metals trader at Heraeus Metals Germany. https://www.cnbc.com/2025/04/11/gold-bolts-past-3200-on-dollar-slide-safe-haven-flows.html
The Europeans have long wanted the euro to push the US dollar’s reserve currency status aside and the BRICS+ alliance wants to try to stop using the US dollar for cross-border trade. Overall the European and BRICS+ nations have also been accumulating gold.
Will the Euro surpass the US dollar as the world’s primary reserve currency?
Some suspect it might:
Euro Challenges USDollar As Global Currency
January 15, 2022
Statista’s Katharina Buchholz notes that there are other indicators that already show the Eurozone’s growing economic prowess and international importance. The value of global payment transactions in Euro has been inching up to that of the U.S. dollar, data from the Swift international payment network shows, hinting at increased activity around the currency. … Faith in the U.S. economy and its growth is meanwhile shaky, according to CNBC, as uncertainty around President Joe Biden’s “Built Back Better” economic package continues. https://www.zerohedge.com/geopolitical/euro-challenges-usdollar-global-currency
Proportionally, the world still primarily uses the US dollar as its primary reserve currency.
But, because of US sanctions and tariffs, increasing US debt and money supply increases, and the general strength of the European economy, more are looking towards the Euro as the US dollar replacement.
Notice something from my latest book available at Amazon Kindle: Unintended Consequences and Donald Trump’s Presidency: Is Donald Trump Fulfilling Biblical, Islamic, Greco-Roman Catholic, Buddhist, and other America-Related Prophecies? as well as Amazon print :
The USA dollar will ultimately crash and be worthless. That “pride” of American power will be broken (cf. Leviticus 26:19). (p. 24)
European leaders have been working for years to establish a new reserve currency for the world, partially with the intent to remove the USA dollar from its current position as a reserve currency. (p. 39)
When the U.S. dollar is no longer the world’s reserve currency, this will hurt the USA financially. Increasing debt, including “quantitative easing,” is a form of dishonest profits that is not something that God approves of and will punish the USA for (cf. Ezekiel 22:13-16).
Inflation will eventually hit the USA extremely hard. As the world becomes less attached to the American dollar, many financial jobs and opportunities will be in places other than the USA. Eventually, but not yet, the USA dollar will become worthless.
Will it always be straight downhill for the economy of the USA?
No.
There are some reasons to have some temporary optimism. Proposed reductions in government regulations are expected to boost the economy. In addition, technological and other developments may temporarily support the U.S. economy—as can reductions of regulatory burdens. (p. 41)
Since many are now questioning the role of the USA dollar as the world’s reserve currency, more are looking into other currencies as well as gold.
Gold will set records in U.S. dollar terms. …
When the U.S. dollar totally collapses people all around the world will consider that even if the euro (or something similar) is strong, having a more gold-backed currency would be safer.
The collapse of the USA dollar will shake a lot of the world’s confidence in non-gold backed currencies. The Europeans do not have to have a perfect currency, only one that is perceived to be in better shape than the USA dollar or various other currencies.
Having the European power acquiring more gold to back the Euro or possibly another future European currency (that might potentially replace the Euro or even a basket of currencies) may greatly increase European credibility, prosperity, and influence around the globe, even if the backing is only implied. (pp. 205-207)
The USA and its dollar are at serious risk. …
Unintended Consequences
While Donald Trump seems to believe that his policies are best for the United States, notice some unintended consequences of them: …
- Pushing tariffs and sanctions on other countries is contributing to the rise of the final time of the Gentiles (Luke 21:24; Ezekiel 7:24).
- Pushing tariffs and other policies that foreign nations do not like is contributing to other nations looking to bypass the USA dollar, as well as trade more with each other and less with the USA. This will further push various globalist’s moves forward without the USA. This is also helping set the stage for the coming European Babylonian Beast to dominate international trade. (p. 210)
- Gold which will outlast the dollar of the USA. (p. 211)
Well, gold has hit many records against the US dollar since that book came out mid-January 2025. And the euro has risen.
The USA has been gambling with its currency for many years.
Its leaders basically think that they can continue to get away with it.
But one day they will not (cf. Habakkuk 2:6-8).
What about Europe?
Now, it is true that Europe has many issues. Yet, several of the nations there have been accumulating and/or repatriating gold.
Understand that the Bible shows that the time will come when Europe will prosper mightily and be involved with gold (cf. Revelation 18).
Now, consider a story, I have reported here many times before:
There once was a movie that had two men camping outdoors. Suddenly, one man yells, “Run, a bear!” The other man yells back, “You can’t outrun a bear.” The first man responded with, “True, but all I have to do is to outrun you.”
The implication is that the first man only needed to be better runner than the second man, which presumably the bear would consider to be weaker, and then catch and destroy. This would, supposedly, allow the first man to survive.
From an economic perspective, the story basically is that the debt and economic situation in Europe does not need to be perfect, only perceived to better (or at least similar) than that of the USA to someday surpass it.
While the Bible shows that gold and silver will one day be considered worse than useless (cf. Ezekiel 7: 19), it also shows that it will have value after the USA is defeated (cf. Daniel 11:39-43).
That being said, yes the USA dollar will collapse one day–and some type of European back currency, possibly the Euro or perhaps some type of international basket of currencies will replace the US dollar as the world’s reserve currency.
The US dollar will one day be worth no more than its scrap or burning value, other than perhaps as a collector’s novelty.
As far as gold as a partial replacement for the US dollar, the Continuing Church of God (CCOG) put out the following video on our Bible News Prophecy YouTube channel:
China introduced something that was called the gold-petro-yuan back in 2018. Since then, the global share of US-dollar-dominated exchange reserves have dropped to 59.0%. In April 2021, China became the first major economy to unleash a Central Bank Digital Currency. China also has given its banks permission to import large amounts of gold. Is China preparing for a gold-backed yuan to push aside the US dollar or to help it survive a US dollar cataclysm? Are other nations preparing to push the US dollar aside? Do Europeans seem to have the most gold? Are Europeans prophesied to gain more gold? Is the US debt trajectory sustainable per Fed Chairman Jerome Powell? Does the Bible warn of the end coming to the highly indebted in Habakkuk 2:6-8? Why does it looked like a gold-backed currency will replace the US dollar? Will the US dollar, ultimately, become essentially worthless? Dr Thiel addresses these issues and more.
Here is a link to our video: Gold Backed Currency to Replace the US Dollar?
The US dollar will collapse a few years before Jesus returns.
If you think that the USA and its dollar will continue to be number 1 and claim to believe the Bible, please consider biblical prophecies such as Daniel 11:39; Habakkuk 2:6-8; Isaiah 10:5-11 (see also USA in Prophecy: The Strongest Fortresses and/or watch Do these 7 prophesies point to the end of the USA?).
Hopefully, you are taking the proper spiritual steps now, whether or not you might be American.
Some items of possibly related interest may include:
Lost Tribes and Prophecies: What will happen to Australia, the British Isles, Canada, Europe, New Zealand and the United States of America? Where did those people come from? Can you totally rely on DNA? What about other peoples? Do you really know what will happen to Europe and the English-speaking peoples? What about Africa, Asia, South America, and the Islands? This free online book provides scriptural, scientific, historical references, and commentary to address those matters. Here are links to related sermons: Lost tribes, the Bible, and DNA; Lost tribes, prophecies, and identifications; 11 Tribes, 144,000, and Multitudes; Israel, Jeremiah, Tea Tephi, and British Royalty; Gentile European Beast; Royal Succession, Samaria, and Prophecies; Asia, Islands, Latin America, Africa, and Armageddon; When Will the End of the Age Come?; Rise of the Prophesied King of the North; Christian Persecution from the Beast; WWIII and the Coming New World Order; and Woes, WWIV, and the Good News of the Kingdom of God.
Spiritual Samaritans: Old and New Who were the Samaritans? Do the represent true Christianity or something else? Here is a link to a related sermon: USA in Prophecy: Samaria.
The End of US Dollar Dominance Is the USA losing its economic status? What about the petro-gold-yuan? A related video is also available: US Dollar being challenged by Gold-Petro-Yuan.
The Plain Truth About Gold in Prophecy. How Should a Christian View Gold? What About Silver? What do economists and the Bible teach about gold? Gold and silver may drop in value. Inflation/deflation? What do Christians need to know about gold and silver? Two videos of related interest may be: Germany, Gold, and the US Dollar and Silver, Science, and Scripture.
Is God Calling You? This booklet discusses topics including calling, election, and selection. If God is calling you, how will you respond? Here is are links to related sermons: Christian Election: Is God Calling YOU? and Predestination and Your Selection. A short animation is also available: Is God Calling You?
Christian Repentance Do you know what repentance is? Is it really necessary for salvation? Two related sermons about this are also available: Real Repentance and Real Christian Repentance.
USA in Prophecy: The Strongest Fortresses Can you point to scriptures, like Daniel 11:39, that point to the USA in the 21st century? This article does. Two related sermon are available: Identifying the USA and its Destruction in Prophecy and Do these 7 prophesies point to the end of the USA?
Who is the King of the West? Why is there no Final End-Time King of the West in Bible Prophecy? Is the United States the King of the West? Here is a version in the Spanish language: ¿Quién es el Rey del Occidente? ¿Por qué no hay un Rey del Occidente en la profecía del tiempo del fin? A related sermon is also available: The Bible, the USA, and the King of the West.
When Will the Great Tribulation Begin? 2025, 2026, or 2027? Can the Great Tribulation begin today? What happens before the Great Tribulation in the “beginning of sorrows”? What happens in the Great Tribulation and the Day of the Lord? Is this the time of the Gentiles? When is the earliest that the Great Tribulation can begin? What is the Day of the Lord? Who are the 144,000? A short video is available titled: Great Tribulation Trends 2025.
Unintended Consequences and Donald Trump’s Presidency: Is Donald Trump Fulfilling Biblical, Islamic, Greco-Roman Catholic, Buddhist, and other America-Related Prophecies? Is Donald Trump going to save the USA or are there going to be many disastrous unintended consequences of his statements and policies? What will happen. The link takes you to a book available at Amazon.com.
Unintended Consequences and Donald Trump’s Presidency: Is Donald Trump Fulfilling Biblical, Islamic, Greco-Roman Catholic, Buddhist, and other America-Related Prophecies? Kindle edition is available for only US$3.99. And you do not need an actual Kindle device to read it. Why? Amazon will allow you to download it to almost any device: Please click HERE to download one of Amazon s Free Reader Apps. After you go to for your free Kindle reader and then go to Unintended Consequences and Donald Trump’s Presidency: Is Donald Trump Fulfilling Biblical, Islamic, Greco-Roman Catholic, Buddhist, and other America-Related Prophecies?
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