Categories

Archives

Recent Posts

Recent Comments

Site search

Categories

February 2012
M T W T F S S
« Jan    
 12345
6789101112
13141516171819
20212223242526
272829  

Tags

Blogroll

butterfly effect in euro

Date from December 2009, the euro against the dollar has fallen 20.4% ,it is the worst in all non-US currencies on June 7, the euro against the dollar hit a four-year low of 1.1877, reached the low point in February 2006 , New York University professor “Dr. Doom” Roubini said on the 7th, the euro fell against the dollar fell to parity, although the French Prime Minister Francois Fillon said that this phenomenon is good news.

Euro falls, the world’s other markets whom color.

Global stock markets talk about “Europe” discoloration, U.S. dollar and gold as a safe haven big sought after ,all repeatedly recorded a new high this year, June 7, the New York Mercantile Exchange gold futures in August contract reached an intraday high of 1246.6 U.S. dollars / ounce, while the dollar index hit a new high of 88.71 in the rebound.
This “butterfly effect” from the euro zone are “super-bond”, while Greece has unfortunately become the butterfly flapping its wings.

Write a comment