Euro J

how can i find the exchange rate of euro and usd IN august 2007? i wanna see the exchange rate of usd and euro, but all if ind is for today. i wanna see the history or archive for agust 2007. help me find the source web page.

After the Euro formed,how did banks change the way the European public paid its loans,without domestic money? I am looking for facts from informed individuals or European based citizens. When the Euro was accepted, was the old currency exchanged for Euro's? What was that rate of exchange? Also, how were pre-Euro loans paid? Same quantity of old domestic currency but in Euro's or was it paid at A Euro exchange rate?. Someone give me an example of what would happen to someone with a student loan at that point in history. Thank you in regards to the question. This topic is confusing and hard to find information on.

Not wanting to commit to fixed exchange rates, some govts occasionally use foreign currency intervention...? to affect the value of their currencies. This is known as a managed flexible exchange rate system, or managed float, because it combines fixed and flexible exchange rates. The diagram below shows the market for euros, where the exchange rate is defined as U.S. dollars per euro. Suppose that the central bank for the countries in the euro system (the European Central Bank or ECB) wants to increase the value of the euro relative to the U.S. dollar. Illustrate how the ECB could achieve this without changing interest rates. EXTRA INFO:Most countries today use flexible exchange rates. However, through the history of the international monetary system, countries have adopted different approaches to fixing exchange rates. The hope was to facilitate trade and reduce the risk associated with buying foreign goods and assets. There is still considerable debate about the merits and drawbacks of fixed exchange rates.

Economic Homework that is tested - Are my answers correct? 1. The supply curve for a monopoly is the marginal revenue curve * is the marginal cost curve is the total revenue curve is the total cost curve does not exist 2. Monopolization of a previously competitive market leads to reduced production and product quality and increased costs and prices * increased production and higher prices increased production, product quality and prices all of the above none of the above 3. Which of the following best characterizes a cartel arrangement? open competition shared competition monopsony * shared monopoly monopolistic competition 4. The relatively high salaries paid to professional athletes reflect their contribution to team revenue *the exploitation of fans their contribution to society’s general well-being. the success of labor union representation the social value of professional sports 5. A country has a comparative advantage in the production of any good that it can produce at a lower absolute cost than can other countries with less labor than can other countries with a smaller sacrifice of some alternative good or service than can other countries *for export all of the above 6. The price of one nation’s currency in terms of another is called *the exchange rate the international trade rate tariff a balance of trade account a capital account 7. Leakages in the circular flow consist of savings, taxes, and exports *savings, investment, and exports government spending, investment, and exports savings, taxes, and imports investment, taxes, and imports 8. An automobile factory worker unemployed because a robot now has his job is a victim of *structural unemployment cyclical unemployment underemployment frictional unemployment seasonal unemployment 9. Inflation is most likely to benefit *savings bank depositors debtors life insurance policyholders persons living on fixed pensions creditors 10. Decreasing excess reserves in the banking system is a means of curing shortages *demand-pull inflation profit-push inflation unemployment none of the above 11. The longest sustained period of economic growth in modern U.S. history occurred during the 1920s 1950s 1970s 1980s *1990s 12. The size of government is growing at a slower rate than the economy approximately the same rate as the rest of the economy *a faster rate than the rest of the economy none of the above all of the above 13. Which of the following is an example of a collective good or service? a public highway free cheese offered by the government food stamps *social security automobiles 14. The largest social insurance program in the United States is *social security entitlement programs private insurance programs welfare programs transfer programs 15. Current projections estimate that the Social Security Trust Fund will be depleted around 2010 around 2015 around 2020 *around 2040 around 2200 16. Profits serve no useful purpose in a private enterprise economy and should be taxed away by the government. True * False 17. Barriers to entry are often created by governments. True * False 18. Professional sports leagues are both cartels and monopsonies. *True False 19. The “civic pride” enjoyed by a major league city has no economic value. True * False 20. The euro will increase the transaction costs of trade between nations who are members of the European Union (EU). True *False 21. Today, custom unions or free trade zones can be found on every populated continent of the world. *True False 22. Unemployment will increase if the minimum wage increases. 3) True * False 23. An increase in the money supply increases aggregate demand. *True False 24. The annual growth rate in the money supply has been held constant by the Federal Reserve. True * False 25. The discount rate is the ratio of demand deposits to reserves that banks have to maintain. True * False 26. The U.S. government spends less than 1% of GDP on research and development each year. True * False

Forex forecast about the EUR/USD? What do you think about the eur/usd exchange rate in the short term? Currently the rate is: 1.3532. Technically, we see a constant uptrend since yesterday...the last our even was formed the so called "tree white soldiers" which is a potential signal for an uptrend. However I am not big supporter of the "technical analysis" since it shows only the current position of the market, but the price is driven by economic events not by charts. So, talking about economics, here's the situation about the eur/usd pair: Euro: The European Central Bank decided to leave the interest rate unchanged at 3.75% yesterday USA: 12:30 US Producer Price Index (MoM) (Mar) now:0.6% - was:1.3% 12:30 US Producer Price Index ex Food & Energy (MoM) (Mar) now:0.2%- was:0.4% 12:30 US Trade Balance (Feb) now:$60.50B -was:$59.12B I think the euro is now overbought and as we know from dow jones: "the history repeats". So I would sell to reach 20 pips around 1.35. thanks

The decline of the US dollar is having a negative impact on the world. How bad will it get before coming back? The dollar's decline already amounts to the biggest default in history, having wiped far more off the value of foreigners' assets than any emerging market has ever done. (that's according to The Economist magazine. Is a recession heading for the US? What kind of impact will the coming election have on the situation? Personally, I depend on the rate of exchange to be based on a strong dollar ... what's my future income going to be worth? Is it possible that after all these years of having the world economy based on the US dollar, is the Euro taking over? What's the world coming to?