The euro dollar exchange rate in 2011 can be used to determine amortization are. Thus, the European single currency climbed in the last four trading at $ 1.3669 from $ 1.3428. The increase by 2.5 cents to indicate that the rate of 2011 € is on the fast against the dollar.
comments from the European Central Bank have brought the U.S. dollar exchange rate in a direct comparison under renewed selling pressure. He explained Lorenzo Bini Smaghi, a member of the ECB's leadership circle, growing inflationary pressure linked with economic growth. Monetary policy had to be corrected eventually, Smaghi said the news agency Bloomberg.
In Euro inflation on the country rose 2.4 percent in January 2011. Thus, according to Governing statutes to price stability is at risk because inflation is very much above the mark of two percent. Previously predicted the European Central Bank (ECB) a decline in inflation in the coming months.
but felt that the impact of rising commodity prices is inevitable, said Smaghi. Monetary policy must prevent in the first place that it came to so-called second-round effects, which might heighten consumer prices further. Overall, the ECB has with its interest rate rhetoric back up a gear high and thus brought the U.S. dollar exchange rate in 2011 under pressure.
From a technical perspective is still place to top. So the U.S. dollar exchange rate € ended the short-term pullback to the skip the upper limit line. This has the potential of the euro exchange rate to the previous annual high of $ 1.3860 on 2 rise to February 2011.
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