Reports on the rate record of the euro against the United States dollar as of September 2000. Scenario faced by the euro; Predicament for euro-zone officials; Trading price of dollar against the Japanese yen.Wall Street Journal - Eastern Edition...
There has been a long-term trend toward currency diversification in global financial transactions and trade, but we don't see the U.S. dollar losing its dominance any time soon.
I wish Eichengreen were right, but I don’t think he is. Eichengreen argues that one of the main reasons for the current dominance of the dollar was simply the lack of plausible alternatives. This is changing, he suggests, because of the rise of the euro and the RMB. I am a huge fan...
欧元超过会欧元将WilltheEuroWILLTHEEURO -~;i~·--- ,<:," WilltheEuroEventuallySurpass G7Current theDollarasLeadingInternational AccountImbalances ReserveCurrency? SustainabilityandAdjustment MenzieChinnandJeffreyA.Frankel Editedby RichardH.Clarida TheUniversityofChicagoPress ChicagoandLondon('Z-G'o-"...
Dollar strength, a consequence of separate anxieties over a Trump presidency curbing the US central bank's ability to cut interest rates, has been another factor at play in the squeeze on sterling. The declines for the pound have left the UK currency trading ...
Russia assets freeze shows need for a global enforcer / From Kurt Bayer, Vienna, Austria Latest on US dollar US dollar Dollar surges against euro and sterling US equities US long-term bond yields rise to highest level in six months
So the right price for the dollar is whatever exchange value with the euro, the yen and other currencies will make that happen, Bergsten and other experts say. The dollar has settled at a reasonable value versus the euro, he said.22 But it needs to drop further against lead- ing Asian ...
Europe and Japan, also expressed concern about the impact of the Yuan's trend on China's economy and world trade. It can be said that the rise and fall of the renminbi triggered the global effect, no less than the impact of dollar change on the world under the quantitative easing policy...
few years,the RMB exchange rate against U.S.dollar continued to rise.But since this year the upward trend has been changed.At present, the RMB exchange rate valuation is reasonable, the future will continue to show a two-way fluctuation trend 在过去几年, RMB交换率反对被继续的U.S.dollar...
3 Indeed, as the rise of the dollar/euro exchange rate reached its third year in late 2004, the financial press began to report that central banks were on the verge of large-scale diversification out of dollars.4 This time may be different than the earlier scares in the late 1970s and ...