The European Union is preparing a strong response to the threat of new tariffs from the United States on Greenland’s sovereignty, German Finance Minister Lars Klingbeil said during European trading hours on Monday. Separately, French Foreign Minister Roland Lescure said: “We fully support Greenland and Denmark.”
Additional notes
Europe will not be blackmailed by the United States over Greenland.
The European Union is ready to find a solution with the United States.
Market reaction
The comments of the German and French finance ministers appear to have little impact on the euro. At the time of writing, EUR/USD is trading 0.2% higher, approaching 1.1625.
Euro price today
The table below shows the percentage change of the Euro (EUR) against the major currencies listed today. The euro was the strongest against the US dollar.
| US dollars | euro | GBP | JPY | Canadian | Australian dollar | New Zealand dollar | Swiss franc | |
|---|---|---|---|---|---|---|---|---|
| US dollars | -0.21% | -0.14% | -0.05% | -0.18% | -0.19% | -0.38% | -0.54% | |
| euro | 0.21% | 0.07% | 0.18% | 0.03% | 0.02% | -0.17% | -0.33% | |
| GBP | 0.14% | -0.07% | 0.13% | -0.04% | -0.05% | -0.24% | -0.41% | |
| JPY | 0.05% | -0.18% | -0.13% | -0.14% | -0.15% | -0.33% | -0.50% | |
| Canadian | 0.18% | -0.03% | 0.04% | 0.14% | -0.00% | -0.19% | -0.37% | |
| Australian dollar | 0.19% | -0.02% | 0.05% | 0.15% | 0.00% | -0.19% | -0.36% | |
| New Zealand dollar | 0.38% | 0.17% | 0.24% | 0.33% | 0.19% | 0.19% | -0.17% | |
| Swiss franc | 0.54% | 0.33% | 0.41% | 0.50% | 0.37% | 0.36% | 0.17% |
The heat map shows the percentage changes in major currencies versus each other. The base currency is chosen from the left column, while the counter currency is chosen from the top row. For example, if you select EUR from the left column and move along the horizontal line to USD, the percentage change displayed in the box will represent EUR (base)/USD (quote).
