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Personally, I think that both the Euro and the Yuan will rise against the USD. The Yuan, the Chinese currency, is highly underrated, and is kept that way by the Chinese goverment. However, the international community is pressuring China to elevate its currency, and China is inclined to accept that. So, it will be very possible that the Yuan will rise in value some 30% within the next year.
As for the Euro, if you look at recent performance of the Euro, you'll see it performing very well against the USD, and I expect it to keep doing that.
I'm not a currency trader, and these are my layman estimates, but these seem to be the general trends for these currencies.
As for the Euro, if you look at recent performance of the Euro, you'll see it performing very well against the USD, and I expect it to keep doing that.
I'm not a currency trader, and these are my layman estimates, but these seem to be the general trends for these currencies.
You can leave an optional "tip" with Mahalo's virtual currency, Mahalo Dollars. If you are asking a difficult question that might require some research, or if you'd like a wide variety of feedback, a higher tip often leads to more answers to your question.
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