Forecast on major currencies and analysis of the consequences on Danone
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Title: Forecast on major currencies and analysis of the consequences on Danone

Essay Details:

Subject: Business
Author:
Date: December 28, 2014
Level: University
Grade: B
Length: 8 / 2389

Essay text:

That is why it makes all decisions -based on US$ perspective- risky. By the way, some indicators can help for drawing trends in its variation. First of all, if we look at the evolution of the currency during the last 5 years (Graph2), we can see that the Euro's value is increasing against the dollar value's. However, if we choose shorter terms to identify a future trend, and so, by looking at the past year's and the 3 last months evolutions, we notice that the Dollar is strengthening recently (Graph3&4). With the actual crisis, both financial and economic, a reverse in the US dollar downfall is hard to imagine...

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