How U.S Dollar Destiny 2010?
At the end of 2009 we saw the phenomenon of the strengthening U.S dollar against other major currencies. Is the strengthening U.s. dollar will become a trend in 2010 or only temporary?
U.S. dollar has been depressed long enough for most of the year 2009 due to begin restoration of the economy both in the U.s> or outside the U.S. Massive stimulus being poured in by the government of the world nations are helping the countries to which its economy slumped out of deteriotion. Investors also began to look for and invest their funds into investments that offer a yield greater than the U.S. dollar.
In financial markets, the value of investment products went up. Index stocks, commodities, and currencies were yieldtinggi, all on the top level. Investor sentiment has grown to be positive for economic recovery. Fundamentals data that have been released in 2009 showed an increase although it is still not stable. Starting from the European Union area that has begun to advance out of the recession. Germany and France, two countries with the largest economy in the European Union, has come out of the recession at the end of the 2nd quarter, followed by Japan also came out of the recession at the end of the 2nd quarter. The entire European Union have made it out of the recession in the 3rd quarter as well as with U.S. GDP growth in the quarter 3 is remarkable.
