Im Wealth Club 777 owner and here is forecast for econoy
The many years back UK banks LIBOR scandal and SWAP deals to Europe Banks and many other indicators can tell us only one thing that euro is about decouple from much more from other Western world fiat currencies.
Get ready for weaker euro off course it has quite good economic stimulus factor we can can expecting boom and bullish european construction and real estate markets.
Once again europe Will be good vacation destination becouse of weaker euro specially by usa and british tourists.
Thanks and enjoy the Reading
Where is your indicators, can we see the pictorial view or how it work with this your confidence because written a 5 piece of line to say that something will happen in meaningless, anyone can open account that and created a thread that Trump will rule America next election or say the US dollar will be strong against Euro and other currency of the world. In case you are right about your forecast, if Euro get weak, it wouldn't only affect the currency alone, it will affect every other currency inclusive of dollar. The last time Euro weaken, so many things were drastically affected as well during Covid-19 time.
Euro is one of the strongest currencies in the world and even if it falls a little bit, I don't think it will become that cheap compared to most currencies in the world. Maybe it can be a great deal for americans and british people with their dollars and pound sterlings, but for the rest of the world it won't make difference anyway, as Euro will still be stronger than their local currencies. I believe the worst western european economy is, it never compares to how bad the situation is at Latin American, Africa, Eastern Europe and Asia.
Reason why Euro is not affected the way in which Dollar is because Euro is not controll by the decisions of the government, it is govern by the policy of European banks with free floating policy and that is why government fiscal and monetary policy don't affect it, unlike the US dollars that is fully supervised by the decision of FED and are puppets to the united state politicians. In addition, can we deal with the main topic without dragging other continents, they have there problem they are dealing with I believe, its the Europeans we are talking about.