The euro

The euro was designed to become the prime currency in trading by simply are quoted in American terms. As the U.S. dollar, the euro is a strong international presence resulting from the members of the European Monetary Union. The currency remains lagued with unequal growth, high unemployment, and government resistance to structural change. The couple was also measured in 1999 and 2000 by outflows from foreign investors, particularly Japanese, who were forced to liquidate their losing investments in euro assets. Moreover, European money managers rebalanced their portfolios and reduced their euro exposure as their needs for hedging currency risk in Europe declined.