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World_Traveler
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Question By World_Traveler
Viewed: 2,729
1 decade 1 year ago
1 decade 1 year ago
Why Euro is king to US Dollar if Euro having Debt Crisis?
Topic:
Money
Doubtless you have been reading and/or hearing the near non-stop reporting from US & UK Media about "Euro Debt Crisis". But Euro continues to be much more valuable than US Dollar! To be exact has gained a MIGHTY, 28% vs US Dollar since its introduction in year 2000 at 1 to 1 to US Dollar.

So how can there be a "Euro Debt Crisis" while Euro people are selling US Dollar and buying Euros, resulting in the HUGE gains of Euro vs US Dollar?

More to the point where do you see Euro/USD in 8 months?
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