Forex History and the Euro
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Few events in forex history are as important as the establishing of the Euro as the premiere currency of most of the European Union. The introduction of the Euro has vastly simplified intercontinental trade and has made life convenient for tourists in the continent, to boot. The Euro has also become one of the benchmark currencies in the world, which means that its movements are watched quite closely by currency traders. The Euro is a remarkable result of decades of diplomacy and wheeling and dealing between nations. The benefits of the one currency systems have turned out to be quite fortuitous for many European countries.
