Euro to replace dollar as world’s reserve currency ?
With the dollar seemingly in terminal decline, there is little stopping the euro from becoming the world’s premier reserve currency ?
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Tagged with: decline • dollar • Euro • reserve currency • stopping • terminal • terminal decline
Filed under: Currencies
Hi there,
I’m not sure that the USD$ is "seemingly in terminal decline".
Over the past six months, the USD$ has strengthened considerably against both the Euro and the British Pound…
Yes, it’s true. Both VP Cheny and Donald Trump have invested millions in the Euro.
I don’t see any particular basis for that. Have you seen what’s been happening to the European Union markets? That wouldn’t cause me to rush away from the dollar.
It will happen. Just a matter of time.