what was reason of Euro decreasing against Usd during this week?

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2006-06-14 02:17:40 · 2 answers · asked by Jaber L 1 in Business & Finance ➔ Investing

If anyone knew the true reason for that, they would shortly own Europe and/or the U.S. However there are a zillion "guesstimates" out there.

2006-06-14 03:46:45 · answer #1 · answered by Puzzleman 5 · 0⤊ 0⤋

Likely the combo of a dip in the foreign markets and an increased chance of the FED raising rates in the US.

2006-06-14 09:22:38 · answer #2 · answered by The Krieg 3 · 0⤊ 0⤋