In this article, they are talking about the value of the Euro over taking the value of the dollar. In recent weeks the Euro has made strides towards more and more success, however economists are worried that it may not hold. The Euro has proven unreliable, and leaders are still worrying over Greece and Spain, the two least successful countries in the Euro.
There is a chance that the Euro value could hold strong over the next month or so because of American budget holds. The value of the dollar has consistently been dropping recently. "We remain fearful around the euro area sovereign crisis into 2013," said Paul Robson, head of European FX strategy at RBS Global Banking & Markets.
The European Central Bank is doing everything that they can to help stabilize the growth or potential failure of the Euro, however Eurpoean financial experts say that their changes will only mask problems temporarily and not get to the root of the problems.
The initially bleak predictions of the Euro have changed, however, people remain cautious. In 2013 most predictions call for a stagnation of the Euro resulting in no improvements for the euro zone countries currently in recessions. In cases such as these it is extremely important to have a knowledgeable public relations team working constantly.
As new changes are made daily it is imperative that investors as well as the general public be informed. As the case with the Euro has developed, Investor relations in this case involves not only the leaders of the countries in the euro zone but also the leaders of other countries, especially America.
Being heavily involved in the financial success or failure of the Euro, the US is in constant contact with the leaders of the EU. This constant communication is most likely fueled by a skilled team of PR professionals who are trusted to relay the information correctly.
As with any kind of investor relations it is important that information be made available at the appropriate time in order to avoid the accusation of insider trading. The Euro/American fiscal situation is a network of communication that is extremely complex and involved.