The Us Economy And The Euro-Dollar Parity.

The US economy and euro doll are equivalent. Table of Contents 1 Introduction 2 Discussion and analysis of research results 3 I) US citizens and the US dollar are weak. 3 II. US companies and the US dollar are weak. 4 III. The US economy and the dollar are weak. 5 Conclusion 7 Reference 8 Introduction On Tuesday July 15, the dollar set a new low against the euro with a peak at 1.6038 dollars. The market is concerned about the US economy. The reason for the weak dollar is because the Fed chairman announced to Congress.

Euro performance can be compared with lead balloons. The euro's exchange rate against the US dollar once rose to US $ 1.17 and fell to a slightly higher level than the US dollar in July. But that's not all. The value of the US dollar and other currencies including the Japanese yen plummeted to the lowest $ 0.83 in history (15th October 2000) and remained at $ 0.80 after four failed interventions. I am late. . The remainder of this article explains why the euro is so bad.

As we know, since the 1970's the American economy has basically been linked to the US dollar as hegemony currency. The first dollar will no longer be a statutory currency. As a result, the dollar can not afford the oil, only the euro can buy the oil, so there is no demand for the dollar. Therefore, any country holding US dollar as reserve currency will definitely wash away that dollar from that central bank and replace it with euro. In the world market, other countries and companies do not intend to clear it. As before, the dollar will fluctuate, inevitably leading to inflation in the United States. In addition, because the United States is the world's largest industrial oil producer and modern economy, the United States needs to earn a lot of euro to purchase oil, which can put increasing pressure on the US economy There is sex.

For those unknown, the world economy is highly dependent on the dollar. This is a summary of the United States' major position in global economic and political issues. The dollar is the reserve currency of the world economy. Every major financial industry in the world is developing business in the US market. This is why the turmoil in the financial markets in the United States brings shock waves to the world. For example, due to the global financial crisis in 2008, countries far from the United States faced wide economic difficulties in Iceland.