#USdollar #Euro #Currency #yahoofinance
Wells Fargo Macro Strategist Erik Nelson joins Yahoo Finance Live to discuss the recent moves in the U.S. dollar, the euro, the Japanese yen, and other currencies.
Don’t Miss: Valley of Hype: The Culture That Built Elizabeth Holmes
WATCH HERE:
Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb
About Yahoo Finance:
At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life.
Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. Discover new opportunities with expert research and investment ideas backed by technical and fundamental analysis. Optimize your trades with advanced portfolio insights, fundamental analysis, enhanced charting, and more.
To learn more about Yahoo Finance Plus please visit: https://yhoo.it/33jXYBp
Connect with Yahoo Finance:
Get the latest news: https://yhoo.it/2fGu5Bb
Find Yahoo Finance on Facebook: http://bit.ly/2A9u5Zq
Follow Yahoo Finance on Twitter: http://bit.ly/2LMgloP
Follow Yahoo Finance on Instagram: http://bit.ly/2LOpNYz
Follow Cashay.com
Follow Yahoo Finance Premium on Twitter: https://bit.ly/3hhcnmV
Not that difficult to comprehend. The European Union is collapsing after following behind America into a war they had no business starting. If Europeans were smart they’d catch a flight to the USA!
XRP the standard
NICE 👍 (CHEERS FOR WADE AS WELL)
👆👆👆👆
Dogecoin still better than any paper money
How much have you made with Doge coin?
@jaunt 360 370k
From 0to 0.77 in less than a year…… and From 0.77 to 6 cent in less than a year
@GoneViral that’s impressive. I feel like I missed that ship. I’m slow and boring but it’s working. I just don’t have the stomach for that amount of risk.
Is that realized profits? I wonder about the tax rates.
Good news
👆👆👆 And this is why you are such a pure soul who always lend his hand with money. I wish you l wouldn’t have setup my business successfully.
Humans can’t even do fundamental stuffs, how is a currency collapsing when we had currencies for centuries…
Every currency has collapsed trough history …every single one
Inflation is a theft.
Politicians stealing with pieces of paper
Globalism
The europoors were real loud making fun of the USA a couple years ago. Enjoy.
because the US managed itself to end up where it ended up. But the EU has been affected by variety of other factors beyond its control. Now the euro will be where it was but will the USD? ask yourself that question.
🤣🤣🤣
everyone in a money printing race…
Spot on!
Lesson of the day, don’t fk with Russia
Russia’s economy is on the verge of breaking apart. The EU will as usual recover from any crisis. But the US market will suffer the long term consequences.
@Band Of Brothers how will the EU recover without gas,oil or gold? 😂 fiat currency won’t save you this time.
export will explode
So much shot he said ! The only thing that made sense was “ it’s good news for Americans traveling abroad”. I was expecting to see what is the best moves someone should do at this point
Mr Roger is legit and his method works like magic I keep on earning every single week with his new strategy.
Wow I just made my second withdraw again today trading with expert mr Roger.
I remember friends calling me crazy when I started but now I shut up them with my four figure weekly returned!
I’m from Germany I used to take loan from the bank for surviver but after trading with expert mr Roger he changed my financial status for real.
I’m now a creditor not debtor anymore.
He really made name for himself.
He has made success easier than we thought. He’s the key to crypto.
If the war is there for six more months then the Euro will shed another 20%. If the oil goes up 25% then Euro goes down to .7 to a dollar.
Agreeded, nothing is priced in. We are just getting started…. winter is coming
The yam kapor war and the oil embargo it the UK the hardest because the backed Israel because UK used the Suez Canal the most back then.
A lot of moving parts will be compelling in the future of how the international money reacts
I agree with the following: “All war and natgas shortage already priced in, and waaay too much. It’s just a commodity with a price, if it’s too expensive, and if industry cannot switch fast, no problem for people however, electric heaters cost double each month with minimal initial investment, like 100Euro or so, so instead of 360Euro per winter, it can be 700E in total for the entire next winter, and you should compare with 360 not with zero. Only the difference is what matters. As a percent of GDP/capita is not even 1% and it was priced in like 40% or so. Moreover is not like Europe doesn’t have gas at all, or even less than other places, but it was not worth doing even prospects due to razor blade thin profits. Bill Gates would not drill in his backyard, so further you go east in Europe there is more gas because there are less Bill Gates per square km. So yeah, they will be affected like 2-3% in total, but not 30-40-50%. Except for food (for which Eu is a net exporter) the raw materials price out of a finite product price is something btw. 1-10%, depending on amount of processing and added value. So with 50% increase in raw material price, the final product gets hit by 0.5% to 5% -and that’s globally, not only EU. But speaking about competitive advantage we can only consider the differences, so if E.g.: get 20% more expensive in EU than other places, this means even less: 0.1% to 1%. I wouldn’t say Germany and Europe lost their competitive advantage, the operational margins except energy, mining, etc, are well above 10%. Who says the competitive advantage of European products (think Mercedes, BMW, French perfumes, etc), stood in 0.1%-1% price difference doesn’t know what he’s talking about. Since the great deflation of 2008 both US and Eu started to lower interest rates to stimulate credit, but this doesn’t mean people borrow if they are still scared. So it’s the ECB and Fed where all borrowed money and spent appear on screen and their balance sheet. Their balance sheet don’t lie. Only in 24Feb 2022 the inflation rose from negative of 2009 to 2%, in US & UK this happened in mid 2018. Asset prices recovered top 2007 prices even earlier in US & UK in 2017. In contrast in EU, they never reached 80%, even today, even though after a much lower initial increase. All the Central & Eastern EU growth (due to abrupt increase in productivity -from lack of previous investments, was not matched nearly by consumption & credit. You can decrease ECB rates to -10%, if people don’t go borrow from banks no money gets created. Pause and think. And if in the meantime productivity increases due to lack of previous investments (from simple things like a tractor instead of physical labor) you are still in a deflationary environment -even with that -10% ECB rate.”