The dollar continued to lose ground against the euro breaking the barrier of 1.4766. This dramatic escalation is undoubtedly influenced by the increased appetite for risk was observed in the markets in recent days and that was that the main indicators for U.S., Europe and Asia have been closed with positive numbers. The dollar quickly became a currency used as fuel to feed the speculation. This means that the price is losing ground internationally against most currencies. The interest rate of the dollar in the interbank market are lower than the rate for other currencies, which makes the 'greenback' is at present the ideal currency to establish short positions to finance investments with long term

in other currencies with higher yields, as the euro. For Jose Luis Martinez, Spain strategist at Citi, is not ruled out that the euro will reach $ 1,495, including foreign exchange strategists at BNP Paribas believe that the European currency has the potential to appreciate to $ 1.5160 in coming weeks. Increasingly, firms, who see it around $ 1.50 in the fourth quarter, according to the consensus gathered by Bloomberg. How long will this trend? Experts believe these signs of weakness are transient and have an early date of expiration. The turning point was marked by the time the Federal Reserve decides to raise the price of money, normalizing U.S. monetary policy, by raising interest rates. This is expected to happen in early 2010, when we believe that rates could go up in the U.S. at 1.5%.