Quotation of the day

Quotation of the day

Price is what you pay,
Value is what you get.
-Warren Buffet

Friday, December 31, 2010

eur/usd yearly analysis 2010

This is the yearly chart of eur/usd as you can see in the chart that at the beginning of the year euro was at the 1.45 levels in the mid months of the year may-june it went to the lowest levels of 1.20 and gradually towards the end of the year in the months of september,october it recovered and went to the high levels of 1.40 again but at the end of the year in the months of november and december due to the crisis in the various european countries it fell strongly to the 1.30 levels at the end of december it recovered  and ends the year around 1.33-1.35 levels.In the year of 2010 eur/usd had lots of ups and downs but  overall it fell from the high levels of 1.45 to the lower levels of 1.35 !

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