డాలర్‌తో పోలిస్తే యూరో ఎందుకు పెరుగుతోంది? || Why Is The Euro Rising Against The Dollar? || скачать в хорошем качестве

డాలర్‌తో పోలిస్తే యూరో ఎందుకు పెరుగుతోంది? || Why Is The Euro Rising Against The Dollar? ||

#profknageshwar #ProfkNageshwaranalysis #mlcnageshwar #euro #dollar #europeanunion #usa #trump #emmanuelmacron #tradewar డాలర్‌తో పోలిస్తే యూరో ఎందుకు పెరుగుతోంది? || Why is the euro rising against the dollar? || On November 5, 2024, the day the US voted for its next president, the euro, which is the common currency of 20 countries (out of 27) in the European Union, was equal to 1.0933 US dollars. This “exchange rate” between the top two currencies of the world — roughly 60% of all foreign exchange is held in US dollars and around 20% is held in euros — saw a sharp change between that day when Donald Trump won the election and the day he took the oath of office, January 20, 2025. The euro weakened (or lost value) against the dollar and the exchange rate of one euro fell to 1.0277 dollars (see CHART, source Google Finance). The fall prompted many to believe that euro was likely to hit a parity with the dollar — something it has done just three times since it was created in 1999. But since the inauguration, the euro has staged a sharp recovery and as of March 17, it was back at 1.0919 — almost the same level where it was on November 5. On the face of it, these changes, which require being measured in four decimal places, might appear minuscule. But the fact is that trillions of units of money exchanges hands based on this exchange rate, and at that level, even these minuscule changes can result in profit or loss running into millions for those who trade in currencies. What are currency exchange rates? What determines them? The exchange rate between two currencies essentially tells you which of the two currencies is more in relative demand. In this specific case, Americans and Europeans demand each others’ currencies for investing in each other’s region (either in stocks or government bonds) or for spending money in the other region (European tourists in America, for example) or buying goods and services made in the other regions (say, Americans buying a European car). If demand in Americans for euros outstrips the demand for dollars among Europeans, the exchange rate will reflect it by making euros more costly — that is, by making it “stronger” against the dollar. In such a scenario, a euro will start fetching more dollars. If the boot is on the other foot, the US dollar will gain and the Euro/Dollar exchange rate will “fall”. https://indianexpress.com/article/exp...