If the dollar king reigns supreme today, some wonder about the sustainability of this domination in the face of the growing desires of “dedollarization” in some countries. China and Russia in the lead are seeking to promote the use of their own currencies in international trade.
The fact remains that the greenback still controls close to 40% of foreign exchange transactions and reserves in the world. A supremacy which does not yet seem really threatened despite the increasing number of initiatives to free ourselves from it.
In conclusion
The renewed strength of the dollar in recent days clearly illustrates its status as a safe haven in a particularly uncertain economic and geopolitical environment. Boosted by the solid American outlook, and profiting from the difficulties of Europe and China, the greenback undoubtedly still has a bright future ahead of it. The desire to dedollarize certain emerging countries will not immediately be enough to disrupt the hierarchy of currencies.
If the dollar king reigns supreme today, some wonder about the sustainability of this domination in the face of the growing desires of “dedollarization” in some countries. China and Russia in the lead are seeking to promote the use of their own currencies in international trade.
The fact remains that the greenback still controls close to 40% of foreign exchange transactions and reserves in the world. A supremacy which does not yet seem really threatened despite the increasing number of initiatives to free ourselves from it.
In conclusion
The renewed strength of the dollar in recent days clearly illustrates its status as a safe haven in a particularly uncertain economic and geopolitical environment. Boosted by the solid American outlook, and profiting from the difficulties of Europe and China, the greenback undoubtedly still has a bright future ahead of it. The desire to dedollarize certain emerging countries will not immediately be enough to disrupt the hierarchy of currencies.
The latest indicators published have confirmed the breakdown in consumption and real estate in China. And the medium-term outlook is hardly more encouraging, with the structural challenges facing the country, notably the accelerated aging of its population.
Europe also affected by the Chinese slowdown
Concerns about the Chinese economy had a direct impact on European currencies on Tuesday. The euro thus fell after the profit warning from the Dutch equipment manufacturer ASML, which is very dependent on demand for semiconductors. Another hard blow, the disappointing sales published by the European number one in luxury LVMH, a sector very exposed to the Chinese market.
The problems encountered by certain major European stocks reflect the weak growth of the economies of the Old Continent and make the dollar all the more attractive in this context.analyzes Christopher Vecchio, from Tastylive
The dollar benefits from the strengths of the American economy
Faced with the difficulties of China and Europe, the United States stands out as an exception with growth that remains solid. A dynamism which fully benefits the greenback. Especially since employment figures published last week reinforced the scenario of continued monetary tightening by the Fed in the coming months.
Selon Christopher Vecchio:
Where are you going to put your money? In a Germany that is deindustrializing? A post-Brexit United Kingdom? A China stuck in deflation? At the same time, the American economy maintains impressive growth.
Towards a “dedollarization” of the world economy?
If the dollar king reigns supreme today, some wonder about the sustainability of this domination in the face of the growing desires of “dedollarization” in some countries. China and Russia in the lead are seeking to promote the use of their own currencies in international trade.
The fact remains that the greenback still controls close to 40% of foreign exchange transactions and reserves in the world. A supremacy which does not yet seem really threatened despite the increasing number of initiatives to free ourselves from it.
In conclusion
The renewed strength of the dollar in recent days clearly illustrates its status as a safe haven in a particularly uncertain economic and geopolitical environment. Boosted by the solid American outlook, and profiting from the difficulties of Europe and China, the greenback undoubtedly still has a bright future ahead of it. The desire to dedollarize certain emerging countries will not immediately be enough to disrupt the hierarchy of currencies.
France
If the dollar king reigns supreme today, some wonder about the sustainability of this domination in the face of the growing desires of “dedollarization” in some countries. China and Russia in the lead are seeking to promote the use of their own currencies in international trade.
The fact remains that the greenback still controls close to 40% of foreign exchange transactions and reserves in the world. A supremacy which does not yet seem really threatened despite the increasing number of initiatives to free ourselves from it.
In conclusion
The renewed strength of the dollar in recent days clearly illustrates its status as a safe haven in a particularly uncertain economic and geopolitical environment. Boosted by the solid American outlook, and profiting from the difficulties of Europe and China, the greenback undoubtedly still has a bright future ahead of it. The desire to dedollarize certain emerging countries will not immediately be enough to disrupt the hierarchy of currencies.
The latest indicators published have confirmed the breakdown in consumption and real estate in China. And the medium-term outlook is hardly more encouraging, with the structural challenges facing the country, notably the accelerated aging of its population.
Europe also affected by the Chinese slowdown
Concerns about the Chinese economy had a direct impact on European currencies on Tuesday. The euro thus fell after the profit warning from the Dutch equipment manufacturer ASML, which is very dependent on demand for semiconductors. Another hard blow, the disappointing sales published by the European number one in luxury LVMH, a sector very exposed to the Chinese market.
The problems encountered by certain major European stocks reflect the weak growth of the economies of the Old Continent and make the dollar all the more attractive in this context.analyzes Christopher Vecchio, from Tastylive
The dollar benefits from the strengths of the American economy
Faced with the difficulties of China and Europe, the United States stands out as an exception with growth that remains solid. A dynamism which fully benefits the greenback. Especially since employment figures published last week reinforced the scenario of continued monetary tightening by the Fed in the coming months.
Selon Christopher Vecchio:
Where are you going to put your money? In a Germany that is deindustrializing? A post-Brexit United Kingdom? A China stuck in deflation? At the same time, the American economy maintains impressive growth.
Towards a “dedollarization” of the world economy?
If the dollar king reigns supreme today, some wonder about the sustainability of this domination in the face of the growing desires of “dedollarization” in some countries. China and Russia in the lead are seeking to promote the use of their own currencies in international trade.
The fact remains that the greenback still controls close to 40% of foreign exchange transactions and reserves in the world. A supremacy which does not yet seem really threatened despite the increasing number of initiatives to free ourselves from it.
In conclusion
The renewed strength of the dollar in recent days clearly illustrates its status as a safe haven in a particularly uncertain economic and geopolitical environment. Boosted by the solid American outlook, and profiting from the difficulties of Europe and China, the greenback undoubtedly still has a bright future ahead of it. The desire to dedollarize certain emerging countries will not immediately be enough to disrupt the hierarchy of currencies.
France
The latest indicators published have confirmed the breakdown in consumption and real estate in China. And the medium-term outlook is hardly more encouraging, with the structural challenges facing the country, notably the accelerated aging of its population.
Europe also affected by the Chinese slowdown
Concerns about the Chinese economy had a direct impact on European currencies on Tuesday. The euro thus fell after the profit warning from the Dutch equipment manufacturer ASML, which is very dependent on demand for semiconductors. Another hard blow, the disappointing sales published by the European number one in luxury LVMH, a sector very exposed to the Chinese market.
The problems encountered by certain major European stocks reflect the weak growth of the economies of the Old Continent and make the dollar all the more attractive in this context.analyzes Christopher Vecchio, from Tastylive
The dollar benefits from the strengths of the American economy
Faced with the difficulties of China and Europe, the United States stands out as an exception with growth that remains solid. A dynamism which fully benefits the greenback. Especially since employment figures published last week reinforced the scenario of continued monetary tightening by the Fed in the coming months.
Selon Christopher Vecchio:
Where are you going to put your money? In a Germany that is deindustrializing? A post-Brexit United Kingdom? A China stuck in deflation? At the same time, the American economy maintains impressive growth.
Towards a “dedollarization” of the world economy?
If the dollar king reigns supreme today, some wonder about the sustainability of this domination in the face of the growing desires of “dedollarization” in some countries. China and Russia in the lead are seeking to promote the use of their own currencies in international trade.
The fact remains that the greenback still controls close to 40% of foreign exchange transactions and reserves in the world. A supremacy which does not yet seem really threatened despite the increasing number of initiatives to free ourselves from it.
In conclusion
The renewed strength of the dollar in recent days clearly illustrates its status as a safe haven in a particularly uncertain economic and geopolitical environment. Boosted by the solid American outlook, and profiting from the difficulties of Europe and China, the greenback undoubtedly still has a bright future ahead of it. The desire to dedollarize certain emerging countries will not immediately be enough to disrupt the hierarchy of currencies.
The latest indicators published have confirmed the breakdown in consumption and real estate in China. And the medium-term outlook is hardly more encouraging, with the structural challenges facing the country, notably the accelerated aging of its population.
Europe also affected by the Chinese slowdown
Concerns about the Chinese economy had a direct impact on European currencies on Tuesday. The euro thus fell after the profit warning from the Dutch equipment manufacturer ASML, which is very dependent on demand for semiconductors. Another hard blow, the disappointing sales published by the European number one in luxury LVMH, a sector very exposed to the Chinese market.
The problems encountered by certain major European stocks reflect the weak growth of the economies of the Old Continent and make the dollar all the more attractive in this context.analyzes Christopher Vecchio, from Tastylive
The dollar benefits from the strengths of the American economy
Faced with the difficulties of China and Europe, the United States stands out as an exception with growth that remains solid. A dynamism which fully benefits the greenback. Especially since employment figures published last week reinforced the scenario of continued monetary tightening by the Fed in the coming months.
Selon Christopher Vecchio:
Where are you going to put your money? In a Germany that is deindustrializing? A post-Brexit United Kingdom? A China stuck in deflation? At the same time, the American economy maintains impressive growth.
Towards a “dedollarization” of the world economy?
If the dollar king reigns supreme today, some wonder about the sustainability of this domination in the face of the growing desires of “dedollarization” in some countries. China and Russia in the lead are seeking to promote the use of their own currencies in international trade.
The fact remains that the greenback still controls close to 40% of foreign exchange transactions and reserves in the world. A supremacy which does not yet seem really threatened despite the increasing number of initiatives to free ourselves from it.
In conclusion
The renewed strength of the dollar in recent days clearly illustrates its status as a safe haven in a particularly uncertain economic and geopolitical environment. Boosted by the solid American outlook, and profiting from the difficulties of Europe and China, the greenback undoubtedly still has a bright future ahead of it. The desire to dedollarize certain emerging countries will not immediately be enough to disrupt the hierarchy of currencies.
France
The greenback at its highest level for 2 months against the euro. Fears about the Chinese economy are pushing investors towards the safe haven of the dollar. But is this domination lasting? Analysis of the latest movements on the foreign exchange market and their implications…
As clouds gather over China’s growth prospects, it is the US dollar which benefits on the foreign exchange markets. The greenback reached a new two-month high against the euro on Tuesday at $1.0882, up 0.16%. A domination which is confirmed against most major currencies. But what explains this surge in the dollar and is it here to stay?Read more
China, main source of concern for investors
It is the worrying economic situation of the Asian giant which is at the heart of the markets’ concerns and which is boosting the dollar, the safe haven par excellence. Despite the recent support measures announced by Beijing, investors remain skeptical about the country’s ability to quickly revive growth that has been at half mast since the health crisis.
If the dollar king reigns supreme today, some wonder about the sustainability of this domination in the face of the growing desires of “dedollarization” in some countries. China and Russia in the lead are seeking to promote the use of their own currencies in international trade.
The fact remains that the greenback still controls close to 40% of foreign exchange transactions and reserves in the world. A supremacy which does not yet seem really threatened despite the increasing number of initiatives to free ourselves from it.
In conclusion
The renewed strength of the dollar in recent days clearly illustrates its status as a safe haven in a particularly uncertain economic and geopolitical environment. Boosted by the solid American outlook, and profiting from the difficulties of Europe and China, the greenback undoubtedly still has a bright future ahead of it. The desire to dedollarize certain emerging countries will not immediately be enough to disrupt the hierarchy of currencies.
If the dollar king reigns supreme today, some wonder about the sustainability of this domination in the face of the growing desires of “dedollarization” in some countries. China and Russia in the lead are seeking to promote the use of their own currencies in international trade.
The fact remains that the greenback still controls close to 40% of foreign exchange transactions and reserves in the world. A supremacy which does not yet seem really threatened despite the increasing number of initiatives to free ourselves from it.
In conclusion
The renewed strength of the dollar in recent days clearly illustrates its status as a safe haven in a particularly uncertain economic and geopolitical environment. Boosted by the solid American outlook, and profiting from the difficulties of Europe and China, the greenback undoubtedly still has a bright future ahead of it. The desire to dedollarize certain emerging countries will not immediately be enough to disrupt the hierarchy of currencies.
The latest indicators published have confirmed the breakdown in consumption and real estate in China. And the medium-term outlook is hardly more encouraging, with the structural challenges facing the country, notably the accelerated aging of its population.
Europe also affected by the Chinese slowdown
Concerns about the Chinese economy had a direct impact on European currencies on Tuesday. The euro thus fell after the profit warning from the Dutch equipment manufacturer ASML, which is very dependent on demand for semiconductors. Another hard blow, the disappointing sales published by the European number one in luxury LVMH, a sector very exposed to the Chinese market.
The problems encountered by certain major European stocks reflect the weak growth of the economies of the Old Continent and make the dollar all the more attractive in this context.analyzes Christopher Vecchio, from Tastylive
The dollar benefits from the strengths of the American economy
Faced with the difficulties of China and Europe, the United States stands out as an exception with growth that remains solid. A dynamism which fully benefits the greenback. Especially since employment figures published last week reinforced the scenario of continued monetary tightening by the Fed in the coming months.
Selon Christopher Vecchio:
Where are you going to put your money? In a Germany that is deindustrializing? A post-Brexit United Kingdom? A China stuck in deflation? At the same time, the American economy maintains impressive growth.
Towards a “dedollarization” of the world economy?
If the dollar king reigns supreme today, some wonder about the sustainability of this domination in the face of the growing desires of “dedollarization” in some countries. China and Russia in the lead are seeking to promote the use of their own currencies in international trade.
The fact remains that the greenback still controls close to 40% of foreign exchange transactions and reserves in the world. A supremacy which does not yet seem really threatened despite the increasing number of initiatives to free ourselves from it.
In conclusion
The renewed strength of the dollar in recent days clearly illustrates its status as a safe haven in a particularly uncertain economic and geopolitical environment. Boosted by the solid American outlook, and profiting from the difficulties of Europe and China, the greenback undoubtedly still has a bright future ahead of it. The desire to dedollarize certain emerging countries will not immediately be enough to disrupt the hierarchy of currencies.
The latest indicators published have confirmed the breakdown in consumption and real estate in China. And the medium-term outlook is hardly more encouraging, with the structural challenges facing the country, notably the accelerated aging of its population.
Europe also affected by the Chinese slowdown
Concerns about the Chinese economy had a direct impact on European currencies on Tuesday. The euro thus fell after the profit warning from the Dutch equipment manufacturer ASML, which is very dependent on demand for semiconductors. Another hard blow, the disappointing sales published by the European number one in luxury LVMH, a sector very exposed to the Chinese market.
The problems encountered by certain major European stocks reflect the weak growth of the economies of the Old Continent and make the dollar all the more attractive in this context.analyzes Christopher Vecchio, from Tastylive
The dollar benefits from the strengths of the American economy
Faced with the difficulties of China and Europe, the United States stands out as an exception with growth that remains solid. A dynamism which fully benefits the greenback. Especially since employment figures published last week reinforced the scenario of continued monetary tightening by the Fed in the coming months.
Selon Christopher Vecchio:
Where are you going to put your money? In a Germany that is deindustrializing? A post-Brexit United Kingdom? A China stuck in deflation? At the same time, the American economy maintains impressive growth.
Towards a “dedollarization” of the world economy?
If the dollar king reigns supreme today, some wonder about the sustainability of this domination in the face of the growing desires of “dedollarization” in some countries. China and Russia in the lead are seeking to promote the use of their own currencies in international trade.
The fact remains that the greenback still controls close to 40% of foreign exchange transactions and reserves in the world. A supremacy which does not yet seem really threatened despite the increasing number of initiatives to free ourselves from it.
In conclusion
The renewed strength of the dollar in recent days clearly illustrates its status as a safe haven in a particularly uncertain economic and geopolitical environment. Boosted by the solid American outlook, and profiting from the difficulties of Europe and China, the greenback undoubtedly still has a bright future ahead of it. The desire to dedollarize certain emerging countries will not immediately be enough to disrupt the hierarchy of currencies.
France
