As stock markets around the world rally on hopes that the Greek crisis might soon be resolved, the euro has moved in the opposite direction, to the surprise of some market-watchers. The euro has fallen over 1.5 percent against the dollar since the beginning of the week, to trade around ...
Why Is the Euro Rising and Dollar Falling?
What Is the Eurodollar? The term "eurodollar" refers to unsecured U.S. dollar-denominated deposits at foreign banks or at the overseas branches of American banks. Because they are held outside the United States, eurodollars are not subject to regulation by the Federal Reserve Board, including...
2020. Prior to Brexit, as it is known, it was the most notable member nation of the European Union that elected not to use theeuro. Rather, the U.K. continued to use theBritish pound sterlingas its national currency.
dollar against foreign currencies as of December 2007. The author argues that if economies outside the U.S. slow, the U.S. may no longer seem like such a bad place for foreign investors to put their money, which could restrain the decline of the U.S. dollar. It is suggested that ...
货币战争(四)欧元为何没能打败美元占据霸权地位(Currencywar (four)whyhastheeurofailedtobeatthedollarandoccupy hegemony) Currencywar(four):Whydidtheeurofailtobeatthedollar andoccupyhegemony? (editorinchief:LuXiaoboreporter:LiuYingPhotography:Fan Jinfeng,ShenYan,LiuXun) Keeponreportingourcurrencywars.Today,let...
s effective rate depreciated by 12 per cent, the pound’s by 9 per cent and the euro’s by 3 per cent. Against the dollar alone, movements are larger: sterling has depreciated by 21 per cent, the yen by 20 per cent and the euro by 16 per cent. The dollar is king of the castle...
Even after the US dollar’s rally this year against all of its peers in the G10, Goldman Sachs Research expects the greenback to largely retain its recent gains. Our analysts forecast the US currency to be at essentially the same level in 12 months versus the likes of the euro, t...
This is an audio transcript of theUnhedgedpodcast episode: ‘Why the US dollar is the world’s problem’ Katie Martin The US economy really seems to be getting something right. I mean, we’ve had some slightly dodgy numbers recently, but the gap between where the US is and where the res...
” Whether the Fed’s quantitative easing will slow down enough in the coming months to imply higher rates is uncertain. It will likely continue to put downward pressures on the dollar temporarily, but the pressure for lower rates is bound to be smaller. The increase in supply and the ...