Die EU muss „einzigartige Gelegenheit“ nutzen, um die Dominanz des US -Dollars zu ersetzen, sagt der Präsident der Europäischen Zentralbank
https://www.euractiv.com/news/eu-must-seize-unique-opportunity-to-supplant-us-dollar-dominance-says-ecb-president/
12 Kommentare
Hasn’t us dollar already weakened a lot, like 8-12% down since trump took office
Good luck with that. According to Statista. The US Dollar represents 49% of the transactions on the SWIFT system. The EU represents 21%. They are not siezing anything.
>Despite the slide, the greenback currently accounts for 60% of global foreign exchange reserves, far ahead of the euro’s 20% share, which in turn is well ahead of other competing currencies, including the Chinese renminbi, at 2%.
Seems like it’s still a big hill to climb to replace the dollar.
A lot of central banks are switching out of USD into gold as trump has truly done his best to undermine the status of the dollar (probably hoping to improve trade deficit and to make some profit in his crypto portfolio).
The Euro becoming the new reserve currency is a completely different story…not impossible, but quite improbable.
We may never recover from Trump and his supporters.
What would it mean for American debt if the US dollar were to be supplanted?
Imagine, Europe, UK, Canada Australia, Japan, agreeing to all use the Euro, game over for US dollar dominance, would also end the value of Trumps tariffs overnight.
Really hard to say europe isnt the enemy here
With France looking like it its about to blow itself up financially with the burden falling on Germany to bail them out, the Euro needs to ensure it can survive before it has any pretentions of being a reserve currency
At the moment the euro is the most stable currency, with very low inflation rates within the union
Who knows soon…
Good job trump, no more reserve currency
With allies like these…