2001
The phrase, "The US Dollar has fallen against the Euro," means that the value of the US Dollar has dropped in comparison to the Euro.
Discuss the factors which affect future movements of the euro against the dollar?
what was the value of the dollar towards the euro in the year 2008
then the value of the dollar will not be worth a lot
The euro has been very stable against the dollar. Even during the great recession, it never lost significant value.
What the dollar falls against the Euro American stockholders and American businesses benefit. This type of occurrence hurts the American consumers.
The dollar usually rises against the euro whenever there is good news that is likely to increase confidence in the USA economy. A strong jobs report and currency reserves will also make the dollar bullish.
we all go broke
$1.00 us dollar = 0.6965 Euro Dollar on May 10, 2011. Please be aware that rates change daily and vary with the amount exchanged and the added fee of the exchanger.
Exchange rates fluctuate minute-by- minute - depending on global markets. There are many factors that influence currency rates. A lower value Euro against the dollar will simply make european imports into america more expensive.
Firstly it is called the Euro not the Euro dollar. The abbreviation is EUR. The symbol is €
1 dollar = 0.8 euro (0.7599 euro) 1 euro = 1.3 dollars (1.3159 dollars)