Europe's Debt Panic Brings Down Euro, Spurs Dollar Rally

Platt, Gordon
March 2010
Global Finance;Mar2010, Vol. 24 Issue 3, p64
Trade Publication
The article explores the weakness of the euro and the strength of the U.S. dollar. The recovery of the dollar is attributed to the weakness in the euro. Its recovery is based on its safe-haven appeal which can give way to a recovery in the euro. It is considered that the debt problems of Europe will not lead to the collapse of any European Union (EU) countries economy.


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