The American Dollar is truly the international DNA Scalper Review currency exchangeable anywhere on the Earth. Countries like British Virgin Islands, Bermuda and Equador either use the dollar as their official currency or along with their national currencies. Still others, like Lebanon and Iraq have notified the dollar as their de facto currency.

To return to the tickling question of Euro gaining an upper hand internationally and replacing dollar, there are all kinds of speculations flying around. The downward trend took shape during President Nixon's time when the administration started spending more money than it received as revenue. The OPEC came to its rescue and made up for the deficit. It also bought US Treasury Bonds. Japan followed suit and unloaded its substantial financial baggage in the US to buy the Bonds.

Euro-denominated bonds are in circulation and are posing a real threat to US Bonds. OPEC is looking to invest in Euro bonds. This will complicate the matter further for the dollar and the interest rates in the US are bound to raise. This is because the demand is increasing enormously and the supply may not be forthcoming from Japan and the OPEC.

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