EPISODE · Jun 12, 2026 · 9 MIN
How the ECB Rate Hike Is Splitting the Euro and Dollar Again
from Currency Conversations with Fexingo: Dollar, Euro, Yuan, and Foreign Exchange Markets · host Fexingo
The European Central Bank just raised interest rates for the first time since 2023, citing an Iran-war-driven energy surge. But the euro barely budged—it's still trading at 1.16 against the dollar, up just 0.4% in five days. Lucas and Luna dig into why the ECB's hike didn't turbocharge the euro, and what that says about the real divergence between Fed and ECB policy. They look at how energy prices are reshaping central bank credibility, why the trade-weighted dollar is still strong at 120.1, and what it means for emerging market currencies. Plus, a surprising data point: the Korean Won ETF (EWY) surged 13.6% this week—is that a signal that EM currencies have priced in the worst? Specific numbers, concrete cases, no fluff. #ECB #Euro #Dollar #InterestRates #EnergyPrices #IranWar #CentralBanks #Fed #CurrencyMarkets #FX #EmergingMarkets #KoreanWon #EWY #TradeWeightedDollar #Inflation #MonetaryPolicy #Economics #FexingoBusiness Keep every episode free: buymeacoffee.com/fexingo
What this episode covers
The European Central Bank just raised interest rates for the first time since 2023, citing an Iran-war-driven energy surge. But the euro barely budged—it's still trading at 1.16 against the dollar, up just 0.4% in five days. Lucas and Luna dig into why the ECB's hike didn't turbocharge the euro, and what that says about the real divergence between Fed and ECB policy. They look at how energy prices are reshaping central bank credibility, why the trade-weighted dollar is still strong at 120.1, and what it means for emerging market currencies. Plus, a surprising data point: the Korean Won ETF (EWY) surged 13.6% this week—is that a signal that EM currencies have priced in the worst? Specific numbers, concrete cases, no fluff. #ECB #Euro #Dollar #InterestRates #EnergyPrices #IranWar #CentralBanks #Fed #CurrencyMarkets #FX #EmergingMarkets #KoreanWon #EWY #TradeWeightedDollar #Inflation #MonetaryPolicy #Economics #FexingoBusiness Keep every episode free: buymeacoffee.com/fexingo
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How the ECB Rate Hike Is Splitting the Euro and Dollar Again
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