Macrovoices From Turku: 5.The Dollar is King
Uncertain times and defensive environments, like the ones we now are facing, usually equal a strong dollar. Nearly all G20 currencies have fallen against the dollar, which tells something about the macro-economical environment. The differences in action and policies by the central banks and the US rate hikes in combination with the worsened outlook for the economy in the Eurozone certainly puts pressure on an already weak EUR. For private investors this is not all bad news though - learn why.
Contents:
00:00 Introduction
00:15 Uncertain times = a strenghtening dollar
01:05 Central banks: different policies
02:16 Not all bad news
03:00 Companies benefiting from a strong dollar
More about the subject:
Read the article The euro is crawling to the dollar, but surprisingly many companies benefit from it , published 2022-10-05
