A euro that is worth a dollar, good news for holders of Google, Apple or Amazon shares?
Stock traders, fond of American securities and who invested part of their savings there during the Covid, will benefit from unexpected profits.
Shares denominated in dollars, excluding price changes, are worth more today than a few months ago, simply by a currency effect.
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“These
are additional benefits
.
A year ago, 1 euro was worth 1.15 dollars.
For savers, this corresponds to a gain of almost 15% over one year
, “said Vincent Boy, market analyst at the broker IG.
The effect is already visible for clients who have a trading account.
"On shares whose value is denominated in dollars, the gain linked to the exchange is constantly updated and appears clearly on the dashboard",
adds Vincent Boy.
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