It is hoped a period of stability between the dollar and euro.
February 23rd, 2010
Analysts expect a period of stability for the two major world currencies. The reasons for the crisis we find in passing the two emitters. While the U.S. promised to leave before the crisis that the euro zone, the large U.S. deficit weighs on the dollar and your contribution.
It is expected that the dollar may regain ground only when it is confirmed clearly the economic recovery. Meanwhile, opening a period of stability or "technical tie" between the dollar and euro.
The Goldman Sachs forecast for the next three to six months is that the euro is placed in the $ 1.45 that would be the maximum for 2009 and 2010. The balance between
both currencies will be broken once the U.S. has strengthened its economic recovery. In this sense, the potential revaluation of the dollar is growing and could regain the 1.35 per euro over a period of 12 months, say at Goldman.
Tags: currencies, economic, the crisis, the dollar, the euro.