America doesn't like the low Euro rate.
It would seem that a strong currency is always beneficial for the country it represents, but in practice the opposite is true.
A strong national currency is always a blow to exports, since strengthening the national currency leads to a proportional increase in the price of goods.
For this reason, most countries try to prevent their currencies from strengthening excessively by intervening.
The Euro has seen a significant decline in value over the past few years, which has been beneficial for the European economy.
Recently, the head of the US National Trade Council, Peter Navarro, saw some reasons in the fall of the Eurocurrency patterns, which could only be caused artificially.
He blamed the German government for undervaluing the exchange rate.
The official intends to continue to monitor the ECB's actions aimed at lowering the euro exchange rate, although this is an internal matter for the European Union.
It is possible that as a result of the new scandal the Euro will strengthen its position slightly against others currencies, and most importantly in relation to the US dollar.
