The paper evaluates the present and future international currency status of the US dollar, the euro and the yen. In … determinants for the continuous dominance of the US dollar are analysed in order to assess the sustainability of this regime. Since … integration of European financial markets emphasizing the enormous structural changes that came about since the euro has been …

economies (EMEs) on configurations between the US dollar, the euro and the yen. Given the difficulty that fixed or managed US … have a statistically but also an economically significant impact on the euro, and to a lesser extent the yen against the US … the appreciation of the euro against the US dollar in recent years. Interestingly, EME policy-makers appear to have become …

force in world capital markets, although the importance of EU monetary policy decisions has been increasing and a Euro bloc …

The dollar, euro and yen still dominate the international financial system after the global recession. However, the …