Euro Exchange Rate

In connection with the monetary crisis in a given period of walks in the EU freely convertible currency may be forthcoming tests for resistance. The depreciation of the currency united Western Europe almost to equality with the U.S. currency – that is what brought up questions of eastern Europe and the wrong line of policy authorities. At this period the forecast exchange rate is not able to have a balance of what the hard currency to buy and which contain deposits – such an element causes the experience of many. Euro, which is introduced only ten years old with small and could not provide a decent share of the competition the U.S. dollar. American dollar now may well find back the old respectable place.

Derail the price of the currency difficulties threaten the EU's closest countries from eastern Europe and not very confident the event of European economic and monetary authorities. Highly frustrating to date the euro today. The beginning of this year, significantly weakened the state of wells connected to Western Europe. Expectations of worsening financial crisis in the eastern part of Europe could contribute to the fall of the euro during the previous calendar month. And even earlier, things are different.

By the end of last year, predicted the U.S. dollar is not a good alignment. Analysts have no doubt predicted that the end of 2009 the dollar will fall significantly. State Reserve System of the United States dropped the price to almost the minimum, so making money almost Freestuff. The main population of all the republics worried that indicates the dollar today. United Europe at that time did not have the possibility to reach a consensus as to save someone, and begins to show signs of collapse. European chief Bank, fearing higher inflation, not quite quickly reduces the cost of finance, which is not enough financial system. Meanwhile, concern about the level of the economic structure of this sector is growing daily. The efforts of the head United States, Barack Obama and his administration's exit from the banking crisis, analysts are positive note, and tipped to increase the U.S. dollar. Head of foreign exchange activities, said that the Obama Administration taking measures more seriously than other governments, and it strengthens the power of the U.S. dollar. In what direction will move the event to come – until then unknown, and only get a chance every day follow the headlines, in the expectation that no significant change could not occur.