The euro rose against dollar amid U.S. economic concerns, according to Bloomberg. The flattering U.S. currency demand was damped after the fed
raised concerns over the issues related to economic recovery.
Posted on 09 August 2010
The euro rose against dollar amid U.S. economic concerns, according to Bloomberg. The flattering U.S. currency demand was damped after the fed
raised concerns over the issues related to economic recovery.
Posted on 19 July 2010
Pound sterling hit to a seven-week low against Euro and it is expected that the trend will continue till the week-end. The Euro has been sharply rising since last Friday against major currencies and it has been predicted by our financial analysts that Euro will keep on rising till the month of September
Posted on 14 July 2010
The Euro currency exchange rate rose against U.S. Dollar Thursday, after frequent stock fluctuation. The market has again showed Euro investors hope that Euro will recover to new extents and this time profiting to almost 23.5%. “The currencies are following the fluctuation in the equity market and setting up the market trend for itself”, said Fabian Elision, head of U.S. currency sales at ASZ Financial Group Inc.
Posted on 06 July 2010
Oil prices rose to nearly $73 a barrel in Asia and similar effects were seen in stock market and euro exchange rate. The euro advanced to $1.2594 from $1.2537. The euro will continue rising till the end of August
Posted on 29 June 2010
Euro dips 0.2 pct to $1.2345 which is another negative day for eurozone. The swiss franc also hit high against euro but this news will short live because analysts have predicted euro to incline in the month of July and will keep on rising till October. The investors are advised to buy euros now and sell in the month of euros which will earn you a 20% gain on investments.
Posted on 08 June 2010
The Euro is currently at 1.1948 U.S. dollars and is expected to fall more till next week. Analysts predicted that euro debt crisis have become a global problem and with that investors are now questioning the strength of euro to be a global reserve currency. The euro have a history of fluctuation and this time the downfall of euro currency was fast hitting the ground rapidly losing it’s essence to attract investors. Those big players who had euro as an investment found the market formula and sold euro at the right time. Here at Financiere, we will help our readers to safely invest in Euro and then sell it at the right time to earn almost 22% profits.
Posted on 25 May 2010
Euro has fallen sharply against dollar and reality is that euro is the most favourite currency of investors. The downfall of euro has been welcomed by the investors and Euros have seen heavy selling around the world. Dollar or Pound 15% profit in just 6 months. Better than stock market a boom after a downfall in Euro.
After Euro, Japanese yen investors prefer Euro due to its strong portfolio. scatter your investments and make some gold investments as well which will provide you a hedge against the falling euro rates and forecast, news and analysis. 1 Euro = 1.2242 U.S. dollars and it will fall to $ 1.0821
Posted on 27 March 2010
The U.S. dollar rose on Saturday against Euro, the future plunging currency. Our financial advisory division forecasted euro plunge in near future and warned investors to avoid further investments in euro, at least for six to eight months. The dollar rose to 0.9 percent marking its current position to $1.340. The dollar is now looked upon as safety currency because euro’s outlook is blurred, unclear and uncertain. It is very common amongst investors that when they become uncertain about investments, they try to invest in major currency which is now U.S. dollar after euro’s downfall.
The yen also fell against dollar and 15 other most traded currencies as Japanese consumer price (CPI) plunged this week forcing its central bank to raise interest rates. Similarly, the Canadian and Australian dollars also fell against the greenback.
U.S. payrolls added 190,000 jobs in March, increasing the likelihood the Federal Reserve will raise interest rates in the near future. This will give a stronger position to the dollar but only for a short-term. For long term investments, investors should move ahead towards “Better investment than U.S. dollar” which is gold.
But The U.S. dollar is the most regularly used currency in international market up till this day. The fact that the U.S. is the world’s largest trading nation is only part of the reason. The value of international market in dollars is much larger than the total business conducted by the U.S. and countries with currencies linked to the greenback. This is predominantly true in Asia, where many countries bill more than 80% of their exports in dollars.
Posted on 21 February 2010
The euro outlook remains unattractive against U.S. dollar and emerging market currencies whereas the regional single currency is in a financial situation far from an acceptable level to attract investors. The Euro will plunge till the end of April whereas UK Pounds will be stable in long run. The right time to invest in Euros will be the month of April. EU nations are at risk for debt downgrades. Uncertainty about sovereign debt risk in the EU will generate concern about the stability of European Monetary Union and the credibility of the EUR making the EUR less attractive as an alternative reserve currency to the U.S. dollar. The UK AAA debt rating is at risk if the UK government does not take credible action to reduce its debt.