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Essay

The Us Economy And The Euro-Dollar Parity.

Essay specific features

 

Issue:

Business

 

Written by:

Alba C

 

Date added:

February 11, 2013

 

Level:

University

 

Grade:

A

 

No of pages / words:

6 / 1571

 

Was viewed:

1619 times

 

Rating of current essay:

 
Essay content:

Markets are worrying about the US economy. The reason of such a plunge for the US Dollar is the announcement made by the Federal Reserve Chairman to the Congress. Ben Bernanke explained that despite the Fed's aggressive interest rate reductions started one year ago, the US economy was facing "numerous difficulties”...
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On December 31, 2008, the parity was set at 1 Euro for 1.665 dollars. Euro hit its lowest point in 2000 with 1 Euro for 0.8230 dollars on October 26. Since then, a long trend of appreciation appears with the Euro strengthening more and more against the dollar. Such a trend had, and still has a big impact on the US economy...
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General issues of this essay:
History of the U.S. Dollar Policy Just A Dollar Dollar General - HBS Dollar versus euro Dollar vs. Euro Rabobank - Val Van De Dollar Rise of the Canadian Dollar Strong Or Weak Dollar Is Better? The Dollar Hammers Euro Auto Part Manufacturers The Us Economy And The Euro-Dollar Parity. : Top-Dollar Bananas What Is The American Dollar Backed By? Soaring Gas Prices The Decline Of The Dollar Effect of Euro on International Economy
 

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