Friday, July 15, 2022

USD/EURO

I'm sure y'all heard about the euro falling below the dollar for the first time in decades. A "strong dollar" serves great for political demagogues, but the reality of the situation is that a really strong dollar takes away from the appeal of the US as an investment hub to offshore investors because the US is getting too expensive for them. In other words Europe is facing really expensive imports and dirt cheap exports 

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USD/EURO

I'm sure y'all heard about the euro falling below the dollar for the first time in decades. A "strong dollar" serves great...