S&P Cuts EU's Rating. EURUSD Projections For 2014
The common European currency has been having hard times ever since it was introduced in 1999. According to various analysts, economists and other financial experts, the common currency is currently facing 2 major problems:
· Financial instability in Spain , Greece and Portugal along with no clear solutions for preventing such scenarios in the future.
· The very fact that the eurozone has no clear and efficient solution scares away investors and worsens the overall economic and financial situation in the area.
What are the prospects of the common currency? Let's ask Masterforex-V Academy.