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(Hosting-NewsWire.com, August 07, 2012 ) Bucharest,Bucuresti -- The possibility of the EURO/USD parity is among the hottest topics of discussion nowadays, and Currency-Converter-Calculator.com tries to shed light on this arduous matter by making public all the relevant data discussed so far by expert economists and analysts. According to most of them, the parity is, technically speaking, a possibility. One quick look at a EURO/USD weekly chart and even inexperienced traders can tell that the pair has been on a descendent trend in the last year.
“For the EURO/USD to achieve parity and hit the level that hasn’t been achieved for the last ten years, the Euro zone should face massive and rapid deterioration. It’s true that the debt concerns of the region could easily go out of control, opening the gate to a series of bailouts and creating a domino effect already sustained by Spain, Greece and Ireland. For most Euro states, this will simply translate into higher taxes, drastic budget cuts and harsh economic measures that could cripple even more the sensible European economy”, stated representative of Currency-Converter-Calculator, explaining what should people expect in the following months.
Bringing the latest news is not the only purpose of the website. Currency-Converter-Calculator.com does exactly what its name indicates: it is a reliable online converter used by different people, for various purposes: traders use it to reveal the currency rate, business owners are making use of it to plan their next successful transactions, while regular individuals can simply use it to plan their holiday budgets. Whatever their purpose might be, the online converter provides accurate and fast results.
The Currency-Converter-Calculator.com has been one of the most trusted money exchange rates providers of choice for hundreds of websites for a long time. Not only does the Currency-Converter provide up-to the minute exchange rates, but their website is also a great source for all the relevant currency trading essential tools that will convert any reader into a successful Forex trader. An additional purpose of the website is to ensure that travelers get the best money exchange deals when traveling in foreign countries by using the online converter to find out Euro exchange rates today.
Users can access their website if they need to know the CHF exchange rates today or be kept to date with the market trends and economic changes. Please visit their website for more information.
About Currency-Converter-Calculator.com
Contact Information:
SC MGD Investments SRL
Bucharest, Ilfov, Romania 631245
SC MGD Investments SRL
Mircea Giurca
+40768970432
admin@ healblog.net
Source: EmailWire.Com
Source: EmailWire.com
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