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Related Information to The U.S. Dollar vs. The EuroThe U.S. Dollar vs. The Euro - Page 2 of 9
My main interest is what is Bush doing to - Page 2 - Politics, Business, Civil, History - Posted: 9th Mar, 2008 - 12:18am
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Which one is going to rule the world economy? Related Information to The U.S. Dollar vs. The EuroPost Date: 6th Jul, 2005 - 12:42pm / Post ID: #
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The U.S. Dollar vs. The Euro - Page 2
Dollar gets strength from U.S. economy
By Barbara Hagenbaugh, USA TODAY
WASHINGTON - The dollar's rise continues, which is good news for Americans traveling to Europe this summer but a mixed blessing for U.S. businesses and the overall economy.
The dollar rose Tuesday against the euro to the highest level in nearly 14 months and hit multimonth highs against other currencies, including the Japanese yen. The dollar is up 10% against a basket of major currencies this year, according to the Federal Reserve.
Ref. https://www.usatoday.com/money/economy/infl...05-dollar_x.htm
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Post Date: 11th Jul, 2005 - 11:14am / Post ID: #
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Euro vs Dollar US The
Dollar's strength weakens overseas earnings
FT.com - Corporate America will have to do without one of its largest sources of growth this earnings season as the rapidly strengthening dollar reverses its flattering effect on overseas profits.
Ref. https://story.news.yahoo.com/news?tmpl=stor...020051746172571
The U.S. Dollar vs. The Euro History & Civil Business Politics
| QUOTE |
| The sinking U.S. dollar, and the inflation it causes, could throw the runaway Chinese economy off the tracks. And the entire globe would suffer the consequences. By Jim Jubak Thanks to a weakening dollar, companies in the United States are selling more goods and services overseas. But the biggest U.S. export right now isn't tractors or ball bearings or computer consulting or anything else American industry does. Our biggest export is inflation. ....A cheaper dollar encourages exports and discourages imports, leading to a gradual climb in the value of the dollar. Ultimately, a high U.S. trade deficit hits you and me right in the wallet. Here's how: * When the U.S. is running a big trade deficit, our trading partners wind up holding a larger number of U.S. dollars every month. A trade deficit means we're importing more goods and services than we export, and we wind up exporting dollars in order to pay for the excess goods. * As those dollars build up overseas, governments, companies and individuals recycle them by buying U.S. bonds and stocks and other [paper - Roz] assets. * This increases the exposure of these overseas owners of dollars to the risks of the U.S. currency and U.S. asset markets. If the value of the dollar declines, their dollar-denominated investments will lose value as well. * At some point, these overseas owners of U.S. dollars start to demand higher returns -- higher interest rates on Treasury bonds, for example -- to offset that currency risk. * Some may sell off a portion of their dollars, producing exactly the kind of fall in the currency that they had worried about in the first place, which leads again to a demand for higher returns. * The higher interest rates demanded by overseas dollar holders finally start to slow economic growth in the U.S. That slowdown, plus the higher prices consumers have to pay for imported goods because of the weak dollar, takes a painful bite out of family incomes. (Or it halves or eliminates the family income, if one or both family breadwinners get laid off because of the slowdown.) |
This is a great article to read for a better understanding of the consequences of a weak currency. There are links to other informative articles from this website, also.
https://articles.moneycentral.msn.com/
More about the euro here:
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| EU to Discuss Economic Slowdown in US Sunday October 7, 6:25 am ET By Aoife White, AP Business Writer EU Finance Ministers to Discuss Concerns That Slowing US Economy Will Drag Down EU BRUSSELS, Belgium (AP) -- European Union finance ministers open two days of talks Monday to discuss the United States' slowing economy, feeble dollar and massive current account deficit as major problems for the EU and the rest of the world. Europe is starting to feel the bite as the dollar plummets, making French wine, Italian fashion and German cars expensive purchases for the EU's main export market in the United States. Last week, the employers federation BusinessEurope said that, by crossing 1.40 against the dollar, the euro exchange rate had reached a "pain threshold" for European companies. It also complained the euro was appreciating too fast against the Chinese yuan and Japanese yen. |
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59.5%
Page 2 Euro vs Dollar US The
What I am interested to know I how long it will take to 'normalize'. Never min the effects, we cannot stop that, what I want to know is how long the suffering will be.
International Level: International Guru / Political Participation: 3209 100%
Euro vs Dollar US The
Good question, but unfortunately, we can't predict the future. At least, not reliably. 
Underground rumblings are saying the Dow Jones will hit 16,000 sometime in the near future.
Here's what I find a little funny:
| QUOTE |
| While echoing their concern, the finance ministers of the 13 euro-zone nations will reiterate Europe is an innocent victim of others and that the euro-dollar exchange rate issue is part of a broader set of problems triggered by China's trade surplus and America's huge debts that require concerted steps to undo. |
"Poor us! It's not our fault!" Well, who bought US paper assets? What were those backed by? If not backed by gold, which is currently at a 27-year high, is it backed by more paper? How about sub-prime mortgage debt instruments - which are now tanking? Whose fault was that?
No sniveling allowed when it comes to financial decisions.
International Level: Ambassador / Political Participation: 595 59.5%
Post Date: 28th Feb, 2008 - 5:54am / Post ID: #
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The U.S. Dollar vs. The Euro
Dollar Sinks to All-Time Low To Euro
The euro climbed to a record high of US$1.5070 in midmorning European trading on Wednesday as sentiment increased that the U.S. Federal Reserve would continue its rate cut campaign.
Ref. https://abcnews.go.com/Business/Economy/sto...=4352106&page=1
Post Date: 8th Mar, 2008 - 10:56pm / Post ID: #
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The U.S. Dollar vs. Euro - Page 2
US Dollar Falls
The euro fetched a record $1.5370 in European morning trading before falling back to $1.5360. The European currency closed at $1.5262 Wednesday. Meanwhile, the British pound broke through $2 again after the Bank of England also decided to keep its key refinancing rate unchanged at 5.25 percent.
Ref. https://abcnews.go.com/Business/Economy/wireStory?id=4399460
The U.S. Dollar vs. Euro Politics Business Civil & History - Page 2
My main interest is what is Bush doing to quell this rapid fall. He seems to be trumpeting "We are not in a recession", but that does not cut it for the obvious market results shown everyday. Can the US dollar go any lower? If it does my heart might skip a beat.
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TOPIC: The U.S. Dollar vs. The Euro