Is better the euro or the dollar?
It is a little time that we do not speak about Euro and Dollar. In the 2007 we guessed the target of 1,5 in the change Euros/Dollar. Enthusiastic of the forecast we have risked a target for l’ euro, to end 2009, of 2 Dollars. L’ Euro from that moment has ritracciato a po’ in order then to become stabilized itself in the outskirtses of 1,3 Dollars.
Our forecast is based on fundamental considerations. Like already said, the capitalist powers have become 3: USA, UE and China. The value of a currency is based on the confidence. If before the dollar were l’ only international currency and the USA l’ only capitalist power, now is not more thus. The Euro has begun to being exchanged time a little all over the world. It is not known l’ entity of tickets in dollars in turn for the world, while that is known dell’ euro. The USA, when they were l’ only capitalist power, could print dollars in amount without that the confidence diminished.
Obama now could print dollars in amount without that nobody notices, since it is unknown how many dollars circulate for the world, but is own this not gestibile situation that could make to fall the confidence in the USA currency.
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