The euro has been gaining steam as investors seek new havens during geopolitical turmoil.

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  • Melchior@feddit.org
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    25 days ago

    Overall the best thing would be for the USD to loose its status as the global reserve and resource trade currency.

    This is why this is so important. The Eurozone economy is not doing too well right now. So that does not drive up the currency relative to others. So the strength of the Euro has to come from being used more for transactions outside the Eurozone economies themself.