Hachi was wrong. 90% confidence
Dollar Value Short-Term eCommerce Impact
The prediction anticipated a short-term opportunity for European eCommerce exporters due to a weakening Euro against the USD. However, recent news articles explicitly state that the U.S. dollar is weakening against the Euro, which is described as 'bad news' and a 'double-hit' for eurozone exports. Additionally, a 'weakening e-commerce' trend is identified as a threat, further contradicting the idea of an emerging opportunity.
What would prove this wrong
EUR/USD reverses and the Euro strengthens meaningfully against the Dollar within 6 months, eliminating the pricing advantage for European exporters.