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Comparing The Euro And The U.S. Dollar (Part 1)

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Why is Euro Stronger Than US Dollar

Is the Euro stronger than the U.S. dollar?

The tussle between currencies is a well-known affair. Due to varying reasons, say economic boost, political shift, or any unforeseen circumstances, the currency of the nation witnesses a dip or arise. Investing capital in the Forex has always been in trend. With the accompanying risk, there's an enormous opportunity for growth and profit.

Amidst all the discussions and speculation, there has been a constant query or a point of curiosity that, despite the U.S. being a superpower has its currency undervalued than that of the European Union, though both are few of the strongest currencies across the globe. We are here to find the origin, journey, and the mystery behind this fact. So let's get down to the basics.


Art of Trading Currencies

An individual can trade or invest in any currency via the avenue of foreign exchange. The process involves a lot of risks as the market has ephemeral stability. Any slight turmoil can change the flow of capital and add chaos to the Forex domain. However, the other way to see this can be tides can turn into the investor's favor, too, as the depreciating value of a currency can profit someone who had bid against it. The bid for the currencies is relative i.e., you always bet for a currency's value (say X) with respect to the value of other currency's value (say Y). To yield a high return, one must be active and an ardent investor with hawk's eye vision.

Related to Euro stronger than the US dollar:


The Great Currency Debate

Euro:

Used by 27 nations Euro is one of the strongest currency in the world that come under the canopy of the European Union (E.U.), these countries follow a pre-defined set of rules and regulations. They have unanimously agreed to have Euro as their national currency. Being a major reserve currency, the Euro can singlehandedly control the tides of the market and is of prime significance. Moreover, it is not pegged to the U.S. Dollar, which is the main reason for market fluctuation in the varying economic circumstances.

Dollar:

Made up of 100 cents, the United States Dollar is the official monetary notation of the United States. Widely popular, the currency is the standard benchmark for almost all the market services and commodities. It is widely used for numerous transactions worldwide because of the American market's trade monopoly. One of the interesting facts associated with the currency is its usage by other countries' incoherence to their currency.

Don't miss the rest of this story at -- Part 2: Comparing The Euro And The U.S. Dollar 

  • Charlie Noah says:

    A strongest currency inside the world is considered to be the maximum effective monetary. It can also cause a risk and additionally the excellent option for a business to earn big foreign currency for the alternative international locations.

  • Aidan says:

    Well this didn’t age well. Euro is plummeting, down by 5 cent the past month.

  • Troy says:

    As far as the Euro vs USD debate is concerned, the most important factor is supply. In this case, Euros are in much lower supply when compared to USD and so attract a higher value.

  • Henrique Lourenço das Neves Tomé Tomé says:

    I Remember all this changes. But that is the way economy works, I remember when the Euro start was about $1.18. And den the two currencies Start to flatuate, one against the other. Till today. Bye and thank you bye.

  • Henrique Lourenço das Neves Tomé Tomé says:

    I would like the Dollar to go equally to the Euro, it will help the American guests have more Euros to spend in Europe.

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