Obviously, will cause a decline in the Euribor during 2008
Motivations
The Euro currency is a very important and competes strongly with the dollar.
Compete, even if they have already won the most dicícil.
The US Federal Reserve, taking this decision to lower the interest rate, thus taking an important and novel, which is betting growth through US provocation of a controlled inflationary process, a fact that will take refuge in capital Euro, increasing the volume of circulating and down the impact of interest.
Of course, this fact will bring some momentaneos peaks, and those who need to acquire Euros not come to buy, but to take loans, and then establish the change in successive operations since the exchange transactions future, establish patterns inflationary fixed.
These operations will be reserved for foreign trade, which will see a conservative policy of low price of the US currency.
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