Monday, June 2, 2025

The Euro and the Dollar

Time to give the euro a glow-up
https://www.ft.com/content/3cd96809-1560-4b8a-99f7-512886d9ff5a
The drumbeat of support for Europe to make its move to challenge the dollar is growing.



The European plot to topple the dollar
https://www.telegraph.co.uk/business/2025/06/02/christine-lagardes-master-plan-wrestle-supremacy-dollar/
Trump’s chaos is fueling dreams of euro hegemony – but realizing them is easier said than done. 


Mismanagement Is Putting Dollar’s Global Standing in Jeopardy
https://www.bloomberg.com/opinion/articles/2025-06-03/us-dollar-s-global-standing-jeopardized-by-lawmakers-mismanagement
The US currency’s dominant role in the international monetary system is still an “exorbitant privilege.” But it does have downsides.

Will America’s Unbalanced Trade Doom the Dollar?
https://www.wsj.com/finance/currencies/trade-deficit-us-dollar-outlook-13f0a4f8
Concerns that the U.S. trade deficit will drag down the dollar are overdone.


Related:
Dollar collapse: The crisis is no longer just theoretical by VIVEKANAND JAYAKUMAR, The Hill - 04/28/25
https://thehill.com/opinion/5270094-trump-tariffs-dollar-decline/