The appreciative behavior of the dollar over the past year has played an important role in the buying and selling of currencies – currency market, which has been affected by external factors that were not so predictable as pronounced by some market participants, which based their decisions on the graphical analysis of trends had in recent years.
These factors are related to the increase in oil reserves formalized by the United States, no consensus among countries that are part of OPEP to reduce oil supply in the market (currency market), which has been a decrease in the price per barrel below the lower limits set, the social and economic phenomena presented in some countries of the Euro zone.
Additionally, the US has adjusted its monetary policy, which has been confirmed with positive figures reflect the recovery of its economy, such as the adjustment of its 0.25% interest rate, which has made much of investors decide retake the dollar as pledge collateral for operations profitability in the short and medium term.
It is recalled that the United States was affected by the economic downturn due to the increase in debt in mortgage loans since 2006, which were very large in relation to the income of the working class and jobs, which It was affected in part by the decision of some of its companies to install their research, production and office in emerging countries with skilled and cheaper labor than contracted then in this country.
Due to this situation, extreme measures were taken to protect its internal, such as lowering interest rates to 0% practically market, which caused the dollar to depreciate against other currencies and thereby the purchasing power of other markets will increase to purchase products labeled “Made in USA”, especially those markets called “emerging”.
Then a graph reflecting the behavior of the Euro against the US Dollar during the past five years is illustrated – Currency Market.
The figure reflects a clear depreciation of the euro against the dollar. It can be seen that in early 2012, one (1) euro cost $ 1.48. However, later this year, one (1) euro costs approximately $ 1.09.
The following graph illustrates the variation of the euro against the dollar this year, shows that in late March and early December, the Lower Falls of the Euro currency were experienced, allegedly by economic and social difficulties experienced by countries They are part of the euro zone and the acceleration of the US economy.
Some analysts expect a recovery of the euro against the dollar (rebound in currency market), although it should be attentive to the expeculaciones and news that have recently influenced significantly over the course of appreciation or depreciation of the currencies have taken because of the factors mentioned above – currency Market.
The truth is that the most affected over the last year, were the countries whose economy is directly dependent on the exploitation of mineral resources such as oil, which touched indeterminate economic backgrounds, since such appeal has depreciated by about 70% ie, passing $ 100 a barrel to $ 30 per barrel, which was a blow to those economies, who from now must reconfigure their political and economic models in search of alternatives that can stabilize the blow it has received your budget and government spending as well as imports, which ultimately affects the pockets of its citizens.
Now it is a good opportunity for traders to take advantage of these variations as marked on the market, which can be obtained profitability because of decisions supported with graphic hand analysis of key you notify the market and attention to expeculaciones generated reculadores bodies through the market and / or advertising.
With the above, it is worth asking whether achieved Euro regain its level to that presented in the year 2012, or if on the contrary, the dollar achieved parity against the Euro or even surpass it.