http://www.myylt.com/2008/05/31/what-is-the-impact-on-the-us-financial-system-if-opec-ties-their-currency-to-the-euro-instead-of-the-dollar/ Discussion of Forex Trading and Currency Trading Sat, 11 Feb 2012 22:29:21 +0000 http://wordpress.org/?v=2.3.3 http://www.myylt.com/2008/05/31/what-is-the-impact-on-the-us-financial-system-if-opec-ties-their-currency-to-the-euro-instead-of-the-dollar/#comment-3879 Jurijs Fadejevs Tue, 30 Nov 1999 00:00:00 +0000 http://www.myylt.com/2008/05/31/what-is-the-impact-on-the-us-financial-system-if-opec-ties-their-currency-to-the-euro-instead-of-the-dollar/#comment-3879 Fall in demand for $ and inflationary pressure on $. Appreciation of EUR. Fall in demand for $ and inflationary pressure on $. Appreciation of EUR.

]]> http://www.myylt.com/2008/05/31/what-is-the-impact-on-the-us-financial-system-if-opec-ties-their-currency-to-the-euro-instead-of-the-dollar/#comment-3880 NC Tue, 30 Nov 1999 00:00:00 +0000 http://www.myylt.com/2008/05/31/what-is-the-impact-on-the-us-financial-system-if-opec-ties-their-currency-to-the-euro-instead-of-the-dollar/#comment-3880 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. 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.

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