President Trump Is Right: The Euro Is Too Cheap, According To Most Measures

U.S. President Donald Trump’s latest Twitter missive on financial markets holds water for some currency watchers. Trump said Tuesday that the euro is “devalued” against the dollar, “putting the U.S. at a big disadvantage.” He may not be wrong: the common currency is over 22% undervalued versus the greenback according to the Organization for Economic Cooperation and Development’s purchasing-power-parity model.

BING NEWS:
  • A TIME Exclusive: Donald Trump After Hours
    BY Michael Scherer and Zeke J. Miller PHOTOGRAPHS BY BENJAMIN RASMUSSEN FOR TIME In a few minutes, President Donald Trump will release a new set of tweets, flooding social-media accounts with his ...
    05/3/2024 - 8:05 pm | View Link
  • Did Trump’s lawyers misquote George Washington? Here’s what the first president actually said
    Citing Washington’s “Farewell Address to the People of the United States,” a foundational, historical message Washington wrote for all Americans, Trump’s lawyers said the first president ...
    04/25/2024 - 10:17 am | View Link
  • Trump attorney, Supreme Court justice clash on whether a president who 'ordered' a 'coup' could be prosecuted
    An attorney for former President Donald Trump in the presidential immunity hearing clashed with Supreme Court Justice Elena Kagan over a hypothetical question on whether a president who "ordered ...
    04/25/2024 - 4:59 am | View Link
  • 'So appalled': What witnesses told special counsel about Trump's handling of classified info while still president
    In the summer of 2019, only hours after an Iranian rocket accidentally exploded at one of Iran's own launch sites, senior U.S. officials met with then-President Donald Trump and shared a sharply ...
    04/23/2024 - 1:00 pm | View Link
  • Call him ‘President Trump,’ pretty please
    Without the constant bluster while he's on trial in New York City, Donald Trump is diminished. That's a credit to the judicial system. (Jabin Botsford/The Washington Post) Donald Trump is shrinking.
    04/23/2024 - 9:43 am | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News