[Opinion] How the Euro Can Replace the Dollar

In a few days, the greenback fell by 10% against the single European currency. The negative consequences for the EU

How the Euro Can Replace the Dollar

Europe has a potential golden opportunity to claim the global reserve currency and get a free military rearmament to boot.

OMG the Dollar is Collapsing, or Whatever

by Wolf Richter Wolf Street Despite the “Dollar’s Collapse,” the USD remains in its 3-year range and a lot higher than it was before. The Dollar Index [DXY], which represents a basket of six currencies dominated by the euro and the yen, the two largest trade currencies behind the USD, “plunged” or whatever to 99.78 today, down from 109 at the beginning of the year. And all kinds of theories have been concocted why this dollar-collapse scenario i…