Over the last 12-month period ending July 2003, the U.S. Dollar has slid approximately 15% in international value against the Euro (Reuters Investor). Now that the Iraq war is supposedly over, the market value of the U.S. Dollar in comparison to the Euro throughout the last half of 2003 may solidify the Euro's dominance over the U.S. Dollar in the international investment community. The United States dollar's continued devaluation against the Euro, may continue for …
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showed last 75 words of 674 total
…for the U.S: Dollar. Issues Paper #1 Sources: Clark, William. "Review: Dollar vs. Euro War" http://www.offnews.info/inteligencia_seguridad/dollar_euro.htm David, Javier. "FOREX-Euro pares losses, still eyes 3-1/2 month low", 19 August 19, 2003. www.reuters.com Martens, Hans. European Policy Centre, 5 May 2003 http://www.theepc.net/challenge/dossiersdetail.asp?DOSS=The%20Euro Bases, Daniel. "Consumer Sentiment Falls Unexpectedly", 19 August 2003. www.reuters.com HSBC Currency Weekly, 13 July 2003, http://www.ameinfo.com/news/Detailed/26118.html