Friday, June 17, 2011

EUR/USD 1,4308

Analysts at the Commerzbank forecast that the EUR/USD will likely trade at 1.50 at the end of the 3Q and at 1.45 by the end of the year. According to them the US Dollar is likely to remain under pressure as the Fed go on with its ultra-expansionary policy. The Euro could suffer repeated sharp, but brief moves triggered by rounds of EMU debt crisis but “otherwise, EUR-USD should continue to trend upwards in the short to medium run.”



  1. Well you'll be glad to know that I actually am taking a course in Forex now. This blog convinced me that it was the worthwhile thing to do. Thank you for all your great posts, and I hope you don't mind me asking for advice from time to time on this thing.

  2. Looks good, thanks for the heads up!

  3. @Aaron M. Gipson: sure, just ask if you need some help