The US Dollar is predicted to weaken against the Euro in the next six months, according to the most recent forecast published by the Financial Forecast Center (www.forecasts.org).

In particular, the Financial Forecast Center predicts that by December 2009 the US Dollar to Euro currency exchange rate will average 1.508 and gradually climb to 1.525 by March 2010. Between March and June 2010 it is predicted to decline slightly down to 1.520.
According to the company's website, all Financial Forecast Center forecasts are generated in-house using artificial intelligence using 100% quantitative forecast models and a global, long-range economic database.
The US dollar is predicted to weaken against the British Pound in the next three months but after that to gradually strengthen by June 2010, more than regaining the lost ground from November 2009. In particular the US Dollar to UK Pound currency exchange rate is predicted to average 1.697 by December 2009 and peak at 1.718 in January 2010. After staying at 1.715 in February 2010 is predicted to gradually decline to 1.586 by June 2010.
The Swiss Franc to US Dollar currency exchange rate is predicted to drop down to 0.976 by March 2010 but gradually climb back to 1.001 by June 2010.
|
Search Our Over 400-Page Website!
|
Search Our Over 400-Page Website!
Related PostsAutomatic Forex Trading Using Expert Programs or Signals Choosing Forex Robots for Automated Forex Trading
Search Our Over 400-Page Website!
Do you Have an Interesting Comment on this Article?
Do you have an interesting comment on this article? Share it! Our visitors would love to read it!
Return from the US Dollar Predicted to Weaken to Forex Investing