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Worst Quarter on Record for the Euro, Dollar has Best Quarter Since 2008

July 21, 2023
in Trade Tube
Reading Time: 1 min read
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The Euro is headed for its worst quarter on record. This as investors best on an increasingly divergent monetary policy outlook between the Euro Zone and the United States. The Euro is down 11 percent since January. Meanwhile, the U.S. Dollar is headed for its best quarter since 2008. IBM will invest $3 billion dollars in building an “Internet of Things” business. It will take 4 years to build out the business. Vail Resorts is making its first international purchase. It’s buying Perisher Ski Resort in Australia for $136 million dollars. Also today, the deadline for the Iran Nuclear Deal is tonight and GoDaddy is set to price shares for its IPO.

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