US Dollar to be more desirable and more expensive – Commerzbank DollarIndex UnitedStates Consumption Europe Banks
The US economy is better protected against any headwinds than Europe
A few years of a pandemic have not changed US consumers substantially. And as a result, the US economy is better protected against any headwinds than Europe. That means capital expenditure in the US yields better longer-term. And that makes the currency that is required to make one’s capital work in the US – the US Dollar – more desirable and therefore more expensive.Information on these pages contains forward-looking statements that involve risks and uncertainties.
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