Analysis: The US dollar is gradually losing its safe haven status, which will bring opportunities to the eurozone

BlockBeats News: On May 30th, Blom, Chief Economist of Dutch International Group, pointed out in a report that the US dollar is gradually losing its safe haven status, which brings opportunities to the eurozone. The EU now has a unique opportunity to capitalize on investors' concerns and promote the euro as a reserve currency, which will bring significant economic benefits. She stated that the increased demand for the euro means that borrowing costs for governments, businesses, and homeowners in the eurozone will decrease. The allocation of the euro as an alternative safe haven currency can also bring stability during economic downturns. Blom emphasized that if the EU wants to take advantage of the weakness of the United States, it needs to act quickly and start designing an acceptable framework for issuing eurozone bonds. (Golden Ten)