Dutch International: The Euro continues to benefit from its position as the most liquid alternative currency to the US dollar.

Analyst Chris Turner of Dutch International Group stated in a report that the Euro continues to benefit from its position as the most liquid alternative currency to the US Dollar. He said there is evidence that portfolio reallocation is boosting the Euro. The latest Eurozone international balance of payments data shows that Eurozone residents repatriated 40 billion Euros of foreign equity positions in March, the largest inflow since September 2022. Furthermore, the stock portfolio flow account is "currently quite favorable for the Euro." The Euro rose 0.5% to 1.1339 US Dollars. Dutch International Group forecasts that the Euro against the US Dollar will fluctuate within the range of 1.1280 to 1.1380 US Dollars on Friday.