Every country understands the importance of Foreign Exchange. All economies of the world would like to increase their Foreign Exchange Reserve. Sometimes it so happens that if a currency is all time low, then all of a sudden it starts gaining.
It also seems that the Debt Agreement between them is also reviving, and now the economy can boom. Shares and Foreign Exchange are games of betting. Sometimes it is loss for some companies and sometimes it is the gain. So it’s highly unpredictable when such things come into the picture. Today, the sign of relief is that Euro is gaining its value again.
Seeing the situation it can be said that the Debt deal can be finalized coming Monday. Now the next step towards the deal is to ensure that the markets remain the way it is and thus revive the debts. It is also believed that if any of the biggies come into picture which is dealing in Euro it could really shake the market. But for that it is very much essential that the currency it would be difficult to shake Euro.
Every coin has two sides and similarly if the Euro does not perform well it can turn the situation completely. If the Euro does not do well it will make the market really cool, and the bullishness will be lost in the market. When such debts come into the picture many countries are involved in the same. Today, it is the world which is involved in International Markets. So, it has become every much essential that the currency earns well.
When some currencies earn some also lose. This could severely crash the market as once the faith is lost it takes years for them to rejoin.
Thus, Euro should gain for the benefit of all the currencies, which are associated with it. The market should become bullish for overall benefits as if the markets are high obviously, it would be earning Foreign Exchange, Employment Generation, and improved standard of living.