The US defaulting on its debt is almost unthinkable. But with Trump in charge, it’s a tiny bit more thinkable than it was. And that would have disastrous consequences for the dollar.
Recent USD/EUR articles
The markets got what they expected out of the US elections: political gridlock, which means no meddling by politicians. But it’s only a temporary reprieve, says John Stepek. Here’s why.
Ray Dalio, founder of Bridgewater Associates, the world’s biggest hedge fund, has warned the dollar could lose almost a third of its value.
John Stepek looks at the charts that matter most to the global economy. And this week, it’s all about the US dollar.
One thing matters more than anything else to the price of gold – the US dollar. Where it goes, gold follows. Dominic Frisby looks at where it may be headed next.
America is slipping into a recession and yet everybody is blind to it.
As the world’s reserve currency, the US dollar underpins the global economy – its rise and fall determines how markets move. John Stepek looks at why it matters so much.
While the dollar surges, UK politics are making things decidedly tricky for the pound, which looks remarkably cheap right now. Dominic Frisby looks at what the future holds for sterling.
US stocks are going from strength to strength while European markets falter. But there’s no mystery. They are at the mercy of a much bigger market than equities.
US equities have enjoyed a ‘‘Trump bump’’ since the 45th president took office. The US dollar, which is close to a three-year low, hasn’t.
The plummeting US dollar has been the stand-out financial theme of the year so far. Dominic Frisby looks at its prospects for the rest of the year.
The US dollar is near its lowest level since 2014. John Stepek looks to the ten charts that matter to find out how that could affect the global economy.
Many people are baffled about the weakness of the US dollar. But it’s easy enough to explain, says John Stepek. Investors are busy putting their money in everything else.
Measured against a basket of America’s trading partners’ currencies, the dollar fell by 10% in 2017. And it could now slip further.
The pound has hit its highest level against the dollar since the Brexit vote. But as John Stepek explains, that says more about the dollar than it does about sterling.
The European currency is alive and kicking. Jake Trask, research director at forex house OFX, explains how the euro became a strong and stable currency, and the outlook for investors.
A weak US dollar is usually a good thing for stocks, says John Stepek. So it will be interesting to see how much higher it can go before it impacts on earnings.
As the US dollar weakens, it pays to understand why it was so strong in the first place – and what’s changed, says Sean Corrigan of Cantillon Consulting.
Anyone visiting the continent this summer will have been in for a rude shock at the cash till, says Dominic Frisby. But the pound won’t stay down forever.
The US dollar matters. And it has reached a turning point, says John Stepek. Where it goes next could shape the markets for months to come.