Two weeks after Trump was declared the victor in last November’s presential election, the dollar surged to a one-year high. It’s held its strength against its major peers ever since. Today, Trump takes office and a flurry of announcements are expected to follow on from the inauguration. Despite rumblings of tariffs and tax cuts inviting [...]
Euro's Fall Creates Opportunity For Property Investors In Search Of Diversification The euro has lost 6% against the U.S. dollar in the month of May and is rapidly approaching its most recent low (June 2010) of US$1.20. Make no mistake. It's the euro losing value against the dollar, not the dollar gaining value. The financial [...]
As if you needed further reason to diversify out of the U.S. dollar, it's worth noting that many U.S. states are talking about doing the same thing. A recent article from CNN Money states that 13 U.S. states are contemplating issuing their own currencies. This isn't a new concept. Before the U.S. Civil War, state-chartered [...]
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