TITLE

Strong Euro Is Manageable for Now

AUTHOR(S)
Milmo, Sean
PUB. DATE
January 2005
SOURCE
Chemical Market Reporter;1/17/2005, Vol. 267 Issue 3, p6
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that Euro was around 10 percent higher against the U.S. dollar last week than in mid-2004 and 30 percent stronger than it was two years ago. Some analysts are forecasting that the currency could appreciate even further this year. For the moment, however, the European chemical industry is not worried about the impact of an unfavorable exchange rate. As long as demand for chemicals remains robust outside Europe, particularly in Asia, European chemical producers should remain able to ride out the effects of a weak dollar.
ACCESSION #
15691126

 

Related Articles

  • Rising euro continues to hurt euro-zone economy.  // World Trade;Mar2004, Vol. 17 Issue 3, p10 

    Provides information on the effects of the increase in euro rates against the U.S. dollar on the euro-zone economy as of March 1, 2004. List of Euro/U.S. Dollar Exchange Rate from 2002 to 2004; Impact of the increase on the European economy; Information on the euro trade surplus of the...

  • The ‘brutal’ euro. James, David // BRW;11/18/2004, Vol. 26 Issue 45, p27 

    Reports on the possible deal between central bankers to stop the rise of the Euro, the currency of the European Union. Negative effect of the currency imbalance between the Euro and the American dollar; Rumor that Russia, India and China are selling their U.S. assets.

  • Euro. Mason, Mike // Globalization & Development: A Glossary;2005, p46 

    An encyclopedia entry for the Euro is presented. It refers to the currency used by most members of European Union, excluding Great Britain and Denmark, since January 1, 2002. It provides a statement concerning the state and future of the currency. The Euro/U.S. dollar exchange rate in January...

  • SECTION IV.-Euro Positions: TABLE FCP-VI-2.-Monthly Report of Major Market Participants.  // Treasury Bulletin;Mar2005, p105 

    Presents a chart depicting Euro positions in the monthly report of major market participants from December 2001 to December 2004. Future contracts of purchases and sales; Assets and liabilities; Exchange rate of Euros per U.S. dollar.

  • SECTION IV.-Euro Positions: TABLE FCP-VI-1.-Weekly Report of Major Market Participants.  // Treasury Bulletin;Mar2005, p104 

    Presents a chart depicting Euro positions in the weekly report of major market participants as of December 2004. Future contracts of purchases and sales; Net options positions; Exchange rate of Euros per U.S. dollar.

  • SECTION IV.-Euro Positions: TABLE FCP-VI-3.-Quarterly Report of Large Market Participants.  // Treasury Bulletin;Mar2005, p105 

    Presents a chart depicting Euro positions in the quarterly report of large market participants from December 2001 to September 2004. Future contracts of purchases and sales; Assets and liabilities; Exchange rate of Euros per U.S. dollar.

  • EURO CASH. D'Alessandro, Anthony // Variety;5/6/2002, Vol. 386 Issue 12, pA3 

    Presents several trivia about the Euro. Valuation of U.S. dollar against the Euro from January to April 2002; List of European Union countries which converted their currency to the Euro on January 1, 2002; Information on products which can be bought for one Euro.

  • Crucial Role of Monetary Policy in Economic Upturn. Tober, Silke // Economic Bulletin;2000, Vol. 37 Issue 12, p381 

    This article presents information on the role played by monetary policy in economic development. The monetary conditions in the euro area are currently neutral; in other words they are not a barrier to growth equal to the expansion of potential output. The European Central Bank (ECBs) recent...

  • Early warning time. Abrams, Colin // Finweek;9/27/2007, p85 

    The article presents technical analysis on topics including the hits resistance of Euro/U.S. dollar and the overbought resources 20 index.

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics