this post was submitted on 30 Dec 2025
192 points (99.5% liked)

World News

51525 readers
2750 users here now

A community for discussing events around the World

Rules:

Similarly, if you see posts along these lines, do not engage. Report them, block them, and live a happier life than they do. We see too many slapfights that boil down to "Mom! He's bugging me!" and "I'm not touching you!" Going forward, slapfights will result in removed comments and temp bans to cool off.

We ask that the users report any comment or post that violate the rules, to use critical thinking when reading, posting or commenting. Users that post off-topic spam, advocate violence, have multiple comments or posts removed, weaponize reports or violate the code of conduct will be banned.

All posts and comments will be reviewed on a case-by-case basis. This means that some content that violates the rules may be allowed, while other content that does not violate the rules may be removed. The moderators retain the right to remove any content and ban users.


Lemmy World Partners

News !news@lemmy.world

Politics !politics@lemmy.world

World Politics !globalpolitics@lemmy.world


Recommendations

For Firefox users, there is media bias / propaganda / fact check plugin.

https://addons.mozilla.org/en-US/firefox/addon/media-bias-fact-check/

founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] Buffalox@lemmy.world 11 points 5 hours ago

The euro has had the biggest gain of the major currencies against the faltering dollar, surging nearly 14 per cent to above $1.17

That's for 2025.

Wall Street banks expect the euro to strengthen to $1.20 by the end of 2026

So 3 cent decline for the dollar for 2026, that is pretty stable if that holds.
The headline must refer to what has already happened, but then why is it "on track" instead of it being already a fact?
Or does the author not believe the Wall Street banks?

Anywho I don't believe the dollar will only decline 3 cents against the Euro in 2026.
The American economy would clearly be in declining growth already, if it wasn't for the AI bubble. I suspect this to become clearer when job numbers for January and February 2026 are released.
The completely irresponsible federal budget for 2026 probably won't help either, and the Trump administration is almost guaranteed to make things worse as they continue their crazy policies, with or without Trump, I don't think that really matters much. The rest of the administration is as crazy as Trump is.