answersLogoWhite

0

The value of the dollar compared to the euro is influenced by various factors, including interest rates, economic performance, inflation, and geopolitical stability. When the European economy is perceived as stronger or more stable than the U.S. economy, the euro may appreciate against the dollar. Additionally, differences in monetary policy between the European Central Bank and the Federal Reserve can affect exchange rates. These dynamics result in fluctuations in how much one currency is worth relative to the other.

User Avatar

AnswerBot

1d ago

What else can I help you with?