Shrinking Dollar - Growing Euro
Over the last 12-month period ending July 2003, the U.S. Dollar has slid approximately 15% in international value against the Euro (Reuters Investor).
Now that the Iraq war is supposedly over, the market value of the U.S. Dollar in comparison to the Euro throughout the last half of 2003 may solidify the Euro's dominance over the U.S. Dollar in the international investment community.
The United States dollar's continued devaluation against the Euro, may continue for some time. may help to turn this decline…
- European Monetary Union
- Shrinking Dollar - Growing Euro
- The Impact of the Euro on Financial Markets and Their Participants
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