Financial Movement of the Euro and the Dollar

Paper Summary:

This paper analyzes the financial movement of the Euro vs. the dollar during the calender year 2001. It looks at the efforts by the European Central bank to maintain stability and what measures it is taking. It also describes the difficulties in the financial markets of late due to economic insecurity and how this has had an effect on these currencies' movements.

From the paper:

"The future of the euro vis--vis the dollar is naturally of concern to the this foreign currency management department of this bank given the potential to disruption in the U.S. economy at large if the euro experiences substantial fluctuations as well as the potential disruption to the activities to this particular bank that such changes in the status of this currency vis--vis the dollar might portend. In this regard, it is important to note that the future of the euro is actually somewhat brighter now than it was at the beginning of this calendar year."

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