Euro tops USD

Discussion in 'Markets & Economies' started by mmm....shiney!, Nov 19, 2020.

  1. mmm....shiney!

    mmm....shiney! Well-Known Member Silver Stacker

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    https://www.bnnbloomberg.ca/euro-to...-currency-for-first-time-since-2013-1.1524591

    Means absolutely nothing probably. Might feed the prepper/anti-vax crowd. :D
     
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  2. Shaddam IV

    Shaddam IV Well-Known Member Silver Stacker

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    That seems strange, in April 2019 world trade in USD was 88.3%, Euro was 32.3% and Chinas' RMB was 4.3% (Less than the Australian Dollar at 6.8%). I can't see how that figure inverted so much... (BTW if you are wondering about the percentages I posted the total percentage for trade involving every currency in the world adds up to 200% as exchanges are two way).

    https://en.wikipedia.org/wiki/Template:Most_traded_currencies
     
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  3. mmm....shiney!

    mmm....shiney! Well-Known Member Silver Stacker

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    ^ FX v global payments?
     
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  4. Shaddam IV

    Shaddam IV Well-Known Member Silver Stacker

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    I guess that the RMB is not going to be a reserve currency no matter what the CCP says.
     
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