The euro has tumbled near parity to the US dollar

Re:The euro has tumbled near parity to the US dollar by dsq on Monday July 11, 2022 @04:04PM (#32061067)

The silver lining is that a weaker currency means EU exports are more competitive.

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Re:The euro has tumbled near parity to the US dollar by chrisco255 on Monday July 11, 2022 @05:01PM (#32061779)

But can the EU even scrape together the raw material inputs to produce enough to make up for the trade deficit? Will they be competitive with Chinese exports? Can they implement this strategy given their labor market constraints?

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Re:The euro has tumbled near parity to the US dollar by hef19898 on Monday July 11, 2022 @06:08PM (#32062658)

The answer to all of that is, hold on, yes.

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Re:The euro has tumbled near parity to the US dollar by partiallypro on Monday July 11, 2022 @06:09PM (#32062670)

Very difficult to make new exports that are cheap when your energy costs are soaring. Energy in Germany is up over 400%.

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Re:The euro has tumbled near parity to the US dollar by dellIsBetter on Monday July 11, 2022 @04:13PM (#32061183)

And is a good news for US inflation

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