One Currency

globaltrdr

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What Is Your Opinion On The Usd? And Do You Think Canada,Mexico And America Will Form One Common Currency Among Each Other??
 
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There is no immenent danger of North America adopting a single currency . European community style. So from a trading perspective its a NON-ISSUE.

As for the US $. The long term trend of an ever weaker dollar against the Euro continues and has yet to show any signs of a reversal
 
As long as the US remains the superpower, both politically and economically, the dominant of US dollar in the world market will persist. It is less likely a change in the foreseeable future.

In Europe, we have euro but British pound and Swiss franc stay. Some big countries are just reluctant to abandon their own currencies because of their own vested interest or supremacy.

A single currency takes decades to establish. Not a worry to forex traders. :cheesy:
 
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