Uncertainty and volatility have gained new force in financial markets. The swaying living several major currencies, arises from the tension and distrust of investors. The common European currency, the euro, was the one who took the worst part of all, as it has given positions against most major currencies. This situation was caused by the doubts hanging over Greece, Portugal and now Spain. Is that the big question at this moment seizes us through what will be the right time to leave incentive measures implemented to cope with the crisis. This derives from the fact that it is not possible for many countries to indefinitely extend the current spending level by high indebtedness and fiscal

deficits, which necessarily entails. The abandonment of the extraordinary measures of stimulus and rising interest rates have a direct impact on the valuation of the currencies of various countries. The problem we have to circumvent the euro zone, is limited to the discrepancies regarding the ability of economies to absorb hundreds of billions of dollars, pounds and euros without generating inflation.