If foreign currencies euro dollar are currencies with which you have chosen to operate, you should know which one will give you more profits.
Regarding to the dollar, the situation of the Stock market from United States is not the best. Until totay noone knows how deep the mortgage crisis of this country is and there were set different measures to try to stop it, from funds of private banks and lows of the rates of the Federal Reserve to funds of the Exchequer to help debtors.
Instead, the european common market is in expansion, which makes euro be in constant movement in all the markets. Lately it has been a foreign currency that is always ending its quotation rising, with a historical advantage over the currency that has always “ruled the world commerce”, as it is the dollar.
Nowadays, the future of the dollar make us worry; no one knows exactly what will happen with the American currency, although at the forex market the pair formed by the foreign currencies euro dollar continues to be a good investment option because of stability and strength that the European currency has. On the other hand, the dollar is supported by the measures taken by the Federal Reserve of the United States to reduce the cost of the money in a quarter of point leaving the interest rate in 4.25 %.
Come into the forex market and with the foreign currencies euro dollar or with other pairs with which you can negotiate, increase your incomes and get important profits.

What is happening in the world economy with the exchange rate dollar and euro? After the fall of the Asian markets in 1997, these have succeeded in recovery and actually they have a very important place in the world economic system.
The force that Asian markets have got, make them be an important element in the dollar and euro fight. Countries from the Middle East, above all China, have started an important commercial relationship with the United States.
China is the country that has more accumulated reserves in dollars, this maintenance and storage in dollars in the Middle East allow the United States tu continue importing products and services.
The problem of the Asians will get worse if in the exchange rate dollar and euro, the dollar continue losing. The United States buy dollars to other countries and those bills return borrowed to their economy by these countries while buying Exchequer bonds. The dollar system consists on having the dollar for free to the favored one (United States), as the interest rate that it will have to pay, and the capital borrowed for the bonds are returned with the benefit that have the United States in being the one that can issue currency having no other authority.
An uncontrolled dollars emission makes liquidity excess and the more dollars market supply we have, as it is happening today, the bigger the devaluation that this currency will suffer. Some days ago, the titular of the European Central Bank confirmed that the money cost (interest rate), in Europe it will continue being 4% , while in the Fed they are still discussing if they will reduce the interest rates, to improve the value difference that there is actually with the dollar and the euro, and so have the strong currency that we used to have some years ago.

The euro is the currency adopted by some countries in Europe since 2002. The symbol that represents the euro was developed by the European Commission and it is inspired in the letter epsilon of the Greek alphabet. They have chosen that symbol as a reference to the initial of Europe and the other two parallel lines mean the stability in the euro zone. The official international abbreviation for the euro is EUR and has been registered at the International Organization of Normalization (ISO).
In July 2002, the euro exceeded for the first time the exchange rate with the American dollar, since then it has been in a similar situation. In Dicember 2006, the euro took the place of the dollar as the most used currency for cash payments, during that month around 614.000 million of euros were circulating in the world, while dollars were about 588.000 millions in euros.
There are also some states that help the use of the euro, as they don’t agree with the politics of the United States in issues as economy or international diplomacy, and that in many cases, does not mean having a pro-european position, but an antiAmerican. Iraq for example, before being attacked by the United States, exchanged its dollars to euros. Some social sectors saw in this exchange one of the reasons why Bush intervened Iraq to recover dollar and avoid the Organization of Crude Exporters Countries change its currency to euro, as if that happened the consecuences could be very bad for the United States.

Since the apparition of the euro in 2002 the fall of the dollar has been a constant. In these last years the dollar and euro have become reference currencies in the world. The dollar has lost this year 15% of its value in front of the euro and other world currencies, as the yen and the pound,and even in front of less important foreign currencies as the Canadian dollar, that this year was positionated for the first time in the same place as the American dollar. Last Friday the euro quoted at 0.6821 dollars.
As it has been mentioned many times, dollar and euro are the currencies that rule the world economy actually, this week there were some news that if they had become real, it would have broken the resistance of the dollar in front of the euro. Saudí Arabia, a historical economic and military allied of the United States and Great Britain stopped a proposal from Iran, supported by Venezuela and Equator so that the Crude Exporters Countries Organization replace the dollar per the euro in their commercial transactions that they do to the world. The dollar situation in these last years makes the organization worry and they have been studying the technical situation to see how does it influence on the crude commerce. The relation dollar and euro give every time more reason to avoid this relation between crude exporters countries with the government of the United States, even if history is important and the relations that have got the United States with militar, financial and economic help are an important factor to have the balance for the dollar.

It seems as an old new, but it is not so. The relation between foreign currencies dollar euro is still showing the decline trend of the dollar in front of the euro. Information was told by the Federal Reserve, that showed at the financial market that the economic grow was less than expected, it has produced other historical minimum in the relation dollar euro.
The european common currency has been appreciated 0,83% reaching to U$$ 1,4832 at the exchange values and ending at 1,4777. What is asked by many now is when will the euro break the barrier of U$$ 1,50, that is not so far away as we can see. The analysts find not very original causes while thinking about the relation dollar euro. Most of them say that it is beacuse of the bad indicators for the american economy as for example the GP would raise between 1,8% and 2,5% in 2008, against the previous forecast that showed a raise of 2,75%.
During this week it was said that the Federal Reserve of the United States would lower again the cost of the money making its exchange rate similar to the european one, that is actually in 4%. If we confirm these news the situation of the foreign currencies dollar euro would get even worse, as dollar would continue falling. Until now there is no macroeconomic scenario that show a possible recovery of the dollar in the short term. This situation makes crude exporters countries worry, as the low of the american currency influences directly their profits.