Currency strategists UBS believes that in the next three months, the euro may decline against the U.S. currency by 8 percent. The reason is in relation to investors in the risky assets - most recently it is becoming more cautious. The bank is still waiting for the departure from the trend of increasing risk, and prognosis for the pair euro / dollar for three months, analysts have put the bank at the level of 1.30. At this time, a pair of Euro / dollar traded at around 1.4070.
Monday, August 17, 2009
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