Us Dollar Vs The Japanese Yen
The US dollar is hurting; that is not news to anyone. The dollar was one of the hardiest currencies of the 20th century, but the 21st century has brought a different fate altogether to the US dollar. The dollar has seen a steady and unfortunate decline for quite some time, based on current events in America and in the rest of the world. As the currency has declined, so has the economy, and the economy has been affected by a multitude of other factors as well.The Japanese Yen has done quite well for itself in the world of world currencies. Just like the dollar, the yen has long been known to be one of the stronger world currencies. However, the yen has been grossly affected by the advent of the Euro, just the same as the US dollar has been affected. For both the dollar and the yen, the Euro has not been a good addition to the world market of currencies. The Euro has done extremely well for itself, but it has knocked down these other two world currencies on its rise to the top.

Posted March 31, 2008
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