21:03 2007/04/20
When the dollar will stop fall against the euro?
Thespeculations about the Fed interest rates politic push the dollar to the recordlow level against the euro. Except the speculations for rate cut in US on theother side the European economy and specially the locomotive of the EuropeGermany show better economic data. ECB is preparing for rate hike in June andto the end of the year is expecting ECB to hike the interest rates twice. Allthese speculations made the dollar not prefer currency for the investors. Thedollar will remain weak till the moment when these speculations are over. Thiswill happen when really Fed cut the interest rates. Till this moment the dollarwill continue to lose on the market and the expectations are for levels EURUSDof 1.40.
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