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Markets are worrying about the US economy. The reason of such a plunge for the US Dollar is the announcement made by the Federal Reserve Chairman to the Congress. Ben Bernanke explained that despite the Fed's aggressive interest rate reductions started one year ago, the US economy was facing "numerous difficulties”.
Euro was launched ten years ago. On December 31, 2008, the parity was set at 1 Euro for 1.665 dollars. Euro hit its lowest point in 2000 with 1 Euro for 0.8230 dollars on October 26. Since then, a long trend of appreciation appears with the Euro strengthening more and more against the dollar...
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