Euro will not replace dollar, but also forward will not start up.

In the currency markets of a planet the dollar rate has again sharply get down. During the trades on Thursday for one Euro gave more than 1 dollar and 28 cents. Last time so high rate of the Euro has been fixed one year ago, in May 2005.
Dollar has considerably fallen against Yen, Swiss franc, British pound. The majority of analytics is convinced, that increase of a discount rate in the USA to 5 % will not rescue dollar from the further devaluation. According to opinion of experts from American credit and financial institute Bank of America, today investors warns the questions of percentage policy.
Much more trade participants exciting with structural shifts that breaks global balance of market forces. American economist Martin Feldctain also has similar opinion who has predicted a significant dollar rate decrease in short-term prospect. According to him, soon USA trading partners will be necessary to bring significant corrective amendments in the relationship with America.
In particular, the European states should arrange, capable to compensate negative consequences of dollar purchasing capacity drop. The matter is that dollar devaluation will inevitably lead to decrease European goods demand in the USA and will cause decrease European export.
Feldstain which now is the professor of economy in Harward, has suggested to cancel for some time positions of the pact about stability of the Euro in order to compensate a shock which will put to world trade sharp dollar devaluation. Despite of forthcoming of USD rate drop Feldstain it is firmly convinced, that the dollar will keep the quality as basic reserve currency.
" Euro will not replace dollar, but we should used to that fact, that the dollar will not play main role as unique reserve currency of the world ", - said economist.