Why the Euro's Rally Might Have Legs: Markets Live

The video discusses the euro's recent rally, highlighting its strong fundamentals and the ECB's role in hiking rates as energy prices drop. It analyzes the euro's trade weighted index and euro dollar trends, predicting further gains. The video also identifies catalysts like gas prices and terms of trade in the eurozone, which have improved, providing a short-term boost to the euro. Despite market pessimism, the euro is expected to perform better than anticipated.

What recent changes in gas prices have affected the eurozone's terms of trade?

In what way does the speaker believe the market's perception of the eurozone has changed recently?