All Posts Tagged With: "Euro Dollar"
Euro Dollar Trading Above 160.00 is Warning
The long anticipated target of 160.00 Euro Dollars to the US Dollar was hit and briefly exceeded in forex trading today. That’s quite a long way from the par price that the Euro started trading against the US Dollar in 1999 and should be taken by US policy makers as a warning that all is not well with US policies on multiple fronts.
The Euro surged to above 160.00 after two governors of the ECU central bank stated that the EC may need to raise interest rates in order to keep inflation under control.
The euro was introduced to world financial markets as an accounting currency in 1999 and launched as physical coins and banknotes on 1 January 2002.
22Apr2008 | taipan | 0 comments | Continued
Barack John
Left and rights of passage
Black and whites of youth
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Obsolete ...
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Hello Eugene,
Thanks for taking the time to read the post and for your comment.
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