WHY IS THE EURO SO OVEERATED ?

We could ask some questions about our currency incomprehensible situation.

¿ Por qué el Euro está  sobrevalorado ?

Nos podríamos preguntar varias cuestiones sobre la incomprensible situación de nuestra moneda.

After the Mario Draghi words "do whatever it takes to preserve the euro. And believe me, it will be enough". That man has a good guy face. So, the euro was rising. It was on July last year. And the euro continues stronger than dollar.

Euro seems doesn‘t affect, a long term, situations as Cyprus crisis or bad news are coming everywhere from the South Europe.

Nevertheless, analysts are saying euro will be down, but, to be honest, I can’t appreciate it.

http://www.finanzas.com/divisas/eur-usd/

We can see, In this chart the euro was minimum rate in July 2011 it was approximately 1,20 change. Before Draghi words was 1, 22. We are 1,30 nowadays.

Is it possible to break down more currently situation?

Why is this situation? Does anyone know?

There are some reasons to believe euro is overrated:

-         European GDP is crawling on the floor while USA GDP is rising.

-         European countries have more public debt everyday.

-         There are panics rates in our economic situations as unemployment or domestic consume.

-         Central Banks as Boj (Bank of Japan) and FED are doing expansionist monetary policies

-         A strong euro is not good for exportations and, obviously, Europe needs to sell abroad.

-         The dollar is a safe haven and therefore, to poor growth prospects of the global economy the dollar to appreciate.

-         The European situation seems not ending.

Then, we are expected to wait for a rise of dollar versus euro.

As I was asking, anybody guess to what’s happening?

I attach this blog for an extra opinion about this issue.   (I must recognize it is as good as mine)

http://www.rankia.com/blog/divisas-y-forex/1652025-como-desarrollara-guerra-divisas