Comments on: Euro vs Dollar - The War of Currencies

By: Imladris

Imladris — Mon, 25 Jun 2007 20:34:33 +0000

If half of news is to be believed the euro is going to swamp the dollar sooner than later.

By: Ron

Ron — Mon, 25 Jun 2007 23:09:48 +0000

I’m starting to know how Canada has felt all these years - though the Looney sure is strong right now.

By: fire in the sky

fire in the sky — Thu, 28 Jun 2007 16:18:17 +0000

Euro is used only in Europe and dollar is used everywhere lol. It is impossible for dollar to drop only a matter of time to bounce back.

By: jamsinux

jamsinux — Wed, 16 Apr 2008 22:33:08 +0000

Sorry, fire in the sky, but lately, in 2008, several huge american cities like New York, have begun accepting euro as a normal currency because the Euro is beign used a lot while on the other hand, many investors are either converting to Euro or directly investing in Euro rather than starting their investments in USD. I’m sorry to say but the once mighty Dollar is dissolving…The European Union is getting too economically strong for the USD to handle esily and believe me, nobody will be surprised if before 2020 or earlier, if things remain like they are such as the US recession, the Euro becomes an International currency. This was even uttered by an American Federal Reseve chairman.Euro is also being used in one of the strongest countries too, Dubai. Even other non EU states have Euro as a secondary currency too. Hopefully, more countries will join the EU and strenghten our economy and Europe will be an economic SuperPower. This problem has also appeared due to the lack of peace between the USA nad several Arabian nations, I mean, why does the USA have to ogt to war on every single problem? The EU simply joins because of the EU-US alliance. Europe in fact spends much less money on military forces and as a result is getting economically strong. May one day, the Euro be an International currency. GOD SAVE EURO

By: hj

hj — Tue, 30 Sep 2008 06:02:24 +0000

jamsinux u are so dam RIGHT Nice speech and is pure reality. The War was the catalytic of all the things are happening now. Money, debts and non social Live!

By: Frank

Frank — Sun, 12 Oct 2008 16:03:49 +0000

It makes sense that the Euro should become as internationally accepted as the US dollar however I don’t think you will see any real detrimental impact on the dollar due to this. You can see already how the downturn of the US market is affecting markets worldwide. In fact the dollar has strengthened about 15% since the wall street collapse over the last few weeks. I do think that the Euro and the USD will be the two currencies that will continue to dominate the world financial markets for the foreseeable future.