Dollar system

Disponible uniquement sur Etudier
  • Pages : 4 (802 mots )
  • Téléchargement(s) : 0
  • Publié le : 31 mars 2011
Lire le document complet
Aperçu du document
«We must get ready for a weak dollar world»

Introduction Article & Analysis Key Terms
What do you think?

The Dollar System
• 1879-1914: Gold standard system

• 1944-1971: Bretton WoodsAgreement
$35/Ounce

Investing FT data
Research

• 1971-Now: Floating exchange system

Introduction
Article & analysis Key Terms What do you think?

Article & analysis
• 2 major effects oflast financial crisis • Budget deficit + debt increased in the U.S. • Emerging markets will grow faster than the others

Investing FT data Research

Introduction
Article & analysis Key Terms Whatdo you think?

Article & analysis
• Weakening of U.S. dollar is sad, but inevitable • The role of dollar in the markets – is there a need for new currency? • New monetary policy

Investing FTdata Research

Introduction Article & Analysis

Currency
• Generally accepted form of money • Basis for trade • Investors often trade currency on the foreign exchange market

Key Terms
What doyou think?

Investing FT data
Research

Introduction
Article & Analysis Country
Eurozone

Currency
Currency
Euro (€) USD dollar ($) Yen (¥) Pounds (£) Swiss Franc (CHF) Australian Dollar(AUD) Renminbi

United States of America

Key Terms
What do you think?

Japan United Kingdom Switzerland Australia China

Investing FT data
Researchhttp://finance.yahoo.com/currency-converter

Introduction Article & Analysis

Currency
Eurozone

Key Terms
What do you think?

Investing FT data
Research

Introduction Article & Analysis

Forex - FX
• market in whichcurrencies are traded • It’s the largest, most liquid market in the world • Includes all of the currencies in the world

Key Terms
What do you think?

Investing FT data
Research

IntroductionArticle & Analysis

Currency Risk
• Risk that arises from the change in price of one currency against another • Example: US investor with stocks in Canada • Return comes from: - change in price of...
tracking img