expect stable dollar in the comi

Optimism for the world biggest economy keeps the dollar stable at the end of the year. Just a day before the holiday the traders prefer to close their short EURUSD positions, but the tendency for new dollar recovery after the holiday remains. The dollar will test the levels below 1.40 to the end of 2007 or at the beginning of 2008. The U.S. economy is in good condition and after the holiday will send positive fundamental signals. In the tendency is for positive news for the U.S. economy and continue recovery of the dollar. We expect test of 1.40 in very short time probably the end of the year before.

« More News