Trump turmoil has Europe eyeing a challenge to almighty dollar

As the US president tears up his nation’s economic playbook, some of Europe’s policymaking elite sense a window of opportunity for the continent’s single currency

The latest figures show the euro made up only 20% of foreign reserves around the world, while the dollar had close to 60%.

Donald Trump has piqued European leaders’ interest in currency markets.

After the euro jumped against the dollar, French president Emmanuel Macron quizzed central bank chief Christine Lagarde on the outlook for the exchange rate in private conversations in Brussels last week, according to people briefed on the discussions.