3 ms·
Not very volatile but the USD/Euro parity changed lot during the last five years. The BCE is obsessed with the stability of the currency, but I find that the FE
by petre 4y ago
Not very volatile but the USD/Euro parity changed lot during the last five years. The BCE is obsessed with the stability of the currency, but I find that the FED is doing a much better job with the USD or maybe it's also the US economy being more resilient.
- bjornsing 4y agoI think it’s the US economy being more resilient. Here in Europe things started falling apart when the interest rate went up to 1.75%. The US seems fine with double that. I think the over regulating of the labor market and Ponzi style pensions are the two major factors. But it is hard to understand how they can be so different. I’d love to read something on the subject if anybody has any recommendations.