Posted by Batool on April 9, 2011 ·
The recession and financial crisis of 2008 left its footprints stamped on even the best of economies. The euro dollar suffered in the shape of its countries getting hampered by traumatic affects one by one, while the US dollar suffered the sting of it and went past the economical wrath posed by it. The forecast is that euro dollar will face a troublesome year while US dollar will bear the fruits of the suffering that they have had lately.
Posted by R. MAK. on September 24, 2009 ·
On Thursday the dollar has gained against the euro after central banks said they will scale back some emergency programs by which trillions of dollars have been injected into banks as financial markets stabilize.Sterling also reached near a six-month low against the euro after Bank of England Governor Mervyn King has told a regional British newspaper that…
Posted by R. MAK. on September 9, 2009 ·
On Wednesday the U.S. dollar fell, as investors moved to riskier assets like stocks and higher-yielding currencies and now it has touched new low levels for 2009 against major currencies.Hopes for economic recovery has been supported by the rally in European and U.S. stocks, and together with the fall in U.S. dollar borrowing costs, it has encouraged investors to…
Posted by R. MAK. on September 8, 2009 ·
On Tuesday, gold prices rose above $1,000 per ounce and that is the highest level since March 2008 and it is suggesting that investors are uncertain about the U.S. dollar’s weakness and they anticipate international interest rates to…
