Discussion of Forex Trading and Currency Trading

What is the impact on the US financial system if OPEC ties their currency to the Euro Instead of the Dollar?


Most Commented Posts

 

 

2 Responses to “What is the impact on the US financial system if OPEC ties their currency to the Euro Instead of the Dollar?”

  1. Jurijs Fadejevs Says:
    May 31st, 2008 at 10:45 am

    Fall in demand for $ and inflationary pressure on $. Appreciation of EUR.

  2. There is no such thing as an "OPEC currency". Moreover, none of the currencies of OPEC members are in any way "tied" (the correct term, by the way is "pegged") to the dollar.

Leave a Reply