The dollar could initially strengthen if Europe enters a direct military conflict in the Ukraine war, as capital would flow from Europe to the US as a perceived safe haven, but this perception of US safety will not last.
forecastpending
Speaker
Felix ZulaufEvidence Quote
“the dollar could go higher first for a while, but that depends on whether Europe enters the war for real or not. I mean, they are playing with fire. Uh the Russians are losing patience with the Europeans, and it is conceivable that um uh the war activity could it be extended into European NATO countries by just launching missiles and drones. Uh and it would start with the Baltic Republics, uh etc. I do not see how the Europeans could win that and I do not believe that the US will come for rescue on Article 5 because they will not risk New York City for the Baltic states.”
Created: 8/12/2026, 6:25:56 PM
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