By Le Nouvel Obs
Published on November 18, 2024 at 7:30 a.m.
In a few weeks, the euro rose from 1.12 to 1.07 dollars, the greenback reaching a three-month high. MICHEL GILE/SIPA
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Many financial vehicles, including funds denominated in euros, are sensitive to developments in the greenback, which saw its price jump following the announcement of Donald Trump's victory in the American presidential election. In partnership with MeilleurTauxPlacement.
The election of Donald Trump has already caused the price of the dollar to rebound. In a few weeks, the euro rose from 1.12 to 1.07 dollars, the greenback reaching a three-month high. Economists are wondering: will this movement accelerate, leading to parity between the two currencies, or will it run out of steam and end up, as in 2016, reversing the trend?
It is likely that these debates do not excite you. However, the evolution of the greenback can have an impact on your savings. American stocks, Treasury bills, gold and oil: many financial investments, often essential for good diversification, are sensitive to fluctuations in the dollar. For example, even if your US stocks rise, a parallel decline in the dollar could reduce, or even erase, the final gain in EU…
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