by Gerhard Massenbauer | Feb 2, 2026 | Analysis, General, Multi-currency
2026 Got off to a Turbulent Start – With Consequences If further confirmation were needed that the US cannot recognise partners, but only submissive vassal states, then the demand for Greenland’s handover was a rude awakening. It is striking how harshly Trump...
by Gerhard Massenbauer | Jan 27, 2026 | Analysis, General, Multi-currency
Greater Pressure on Europe Over Greenland Will Lead to Increased Volatility Until 2016, I would have considered it impossible if someone had told me that the US would want to acquire European territory and was prepared to exert massive economic pressure to do so. With...
by Gerhard Massenbauer | Jan 22, 2026 | Analysis, Markets, Multi-currency
In light of the events at the beginning of the year, the limited reaction of the stock markets and exchange rates is surprising. The idea that aggressive actions are being taken but remain within a narrowly limited framework has become established. This no longer...
by Gerhard Massenbauer | Dec 15, 2025 | Analysis, Markets, Multi-currency
It is encouraging that there are no immediate risks on the horizon, meaning we can expect stability in developments. While the slow appreciation of currencies is unwelcome news for buyers in the CEE region, those who have kept their eyes open have been able to profit...
by Gerhard Massenbauer | Nov 24, 2025 | Analysis, Markets, Multi-currency
While the EUR/USD exchange rate has remained relatively unchanged in recent weeks, the CNY, THB and, in particular, the MYR have strengthened against the USD, while the JPY and KRW have weakened. The USD is moving slowly but steadily downward. This should be...