May 1, 2012
Euro Dollar. Category Archive 'Dollar Euro'
Euro Dollar. Category Archive 'Dollar Euro'
They close all European stocks positive on the first day of the week in the new year. Finally, it seems that the single European currency is recovering after experts have declared the loss of 40% of its value a decade now. Investors in the celebration, but the euro is trading at 1.29 against the dollar.
Positive start in 2012.
Day very attractive to investors who have seen fluctuations in the negotiation of European stock exchanges positive after the last day of 2011 blacks, closed in positive. Despite the single European currency has lost about 40% of the value which was about 10 years old when he was introduced, the confidence of European citizens and investors do not seem to have failed. Not to mention the months of November and December saw the dissent in Britain, and a collapse of Asian stock markets and U.S. indeed caused by the instability of the single European currency.
The current trend in the financial market.
Today, for the first time after several days, European stock markets have grown significantly: even a hint of the Italian Stock Exchange hit + 5%. Well, even the Paris Bourse (which with the CAC 40 closed 1.98%), the DAX in Frankfurt rose 3 percentage points, the Milan Stock Exchange closed 2.48%. The NYSE and London are closed because of holidays, while some U.S. indexes falling into depression. The dollar has lost share of the single currency remains stable, trading at $ 1.2935. However, the euro has a list down slightly against the yen, as the Seoul stock exchange remains essentially unchanged (0.03%) despite a fall in exports are signs. The Mumbai Stock Exchange now offers its investors a 0.41% recovery, although very difficult, from the previous fall. Get the gross domestic product of Singapore, but the spread remains high in Italy (500 points).
Effects.
European shares were now quite positive today and gave money to online investors who risk their assets instead of the virtual stock market index. Despite this positive start in 2012, the price of gas goes up the food. The single European currency, unfortunately, has a much lower value than when it was introduced in the European Community, has lost about 40% of its value, creating numerous problems for consumers and those who find themselves having to pay mortgage payments much heavier. The big auction last month, the ECB has done nothing but generate higher inflation, enough to make consumers reluctant to spend during the holidays. We hope this new year brings with it a positive fluctuation of the single currency with a low cost of living. In 2011, French citizens bought fewer cars, the market, especially Italy's Fiat, fell sharply.
The use of the euro in countries outside of Europe.
Despite the single currency has lost much of its value at the year-to-market, confidence in that currency is not failed. In fact, the ECB found that the use of the euro in non-member countries is between 20 and 25%: this is a very high percentage that has made the euro as single currency traded in the world. Perhaps because many countries aspiring to join the euro zone, despite the skepticism of the British authorities who have never wanted to make portions of their sovereignty in economic and financial matters.
by erectusplus at 5:39 AM |
0 Comments:
Post a Comment
<< Home