The euro has had the biggest gain of the major currencies against the faltering dollar, surging nearly 14 per cent to above $1.17
That’s for 2025.
Wall Street banks expect the euro to strengthen to $1.20 by the end of 2026
So 3 cent decline for the dollar for 2026, that is pretty stable if that holds.
The headline must refer to what has already happened, but then why is it “on track” instead of it being already a fact?
Or does the author not believe the Wall Street banks?
Anywho I don’t believe the dollar will only decline 3 cents against the Euro in 2026.
The American economy would clearly be in declining growth already, if it wasn’t for the AI bubble. I suspect this to become clearer when job numbers for January and February 2026 are released.
The completely irresponsible federal budget for 2026 probably won’t help either, and the Trump administration is almost guaranteed to make things worse as they continue their crazy policies, with or without Trump, I don’t think that really matters much. The rest of the administration is as crazy as Trump is.
That’s for 2025.
So 3 cent decline for the dollar for 2026, that is pretty stable if that holds.
The headline must refer to what has already happened, but then why is it “on track” instead of it being already a fact?
Or does the author not believe the Wall Street banks?
Anywho I don’t believe the dollar will only decline 3 cents against the Euro in 2026.
The American economy would clearly be in declining growth already, if it wasn’t for the AI bubble. I suspect this to become clearer when job numbers for January and February 2026 are released.
The completely irresponsible federal budget for 2026 probably won’t help either, and the Trump administration is almost guaranteed to make things worse as they continue their crazy policies, with or without Trump, I don’t think that really matters much. The rest of the administration is as crazy as Trump is.