In recent days, Trump has again argued the United States should control Greenland and has not ruled out the use of force.
That rhetoric is being taken more seriously after the U.S. operation in Venezuela, which raised fresh questions about Washington’s willingness to override sovereignty and international norms.
Greenland is a self-governing territory within the Kingdom of Denmark. Denmark’s prime minister has explicitly said a US takeover would mean the end of NATO, and likely a rupture between the U.S. and Europe.
None of this suggests clean, one-way trade ideas. Denmark does not use the euro, but its krone is closely linked to it. EURDKK usually does not move much, even when Europe is stressed. Europe’s geopolitical risk premium might go up, which could trigger EUR weakness most clearly versus CHF and JPY.
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Trading involves risk and may not be suitable for all investors. The information provided in this article is for educational purposes only and does not constitute financial advice. Always conduct thorough research and seek professional advice before making any investment decisions.
