Published: Mon, 18 May 2009 10:39:00 +0200

Forex: EUR/USD: Euro, at 1,2950 in one month; 1.2600 in three months - Rabobank

!--TITOL: h1Forex: EUR/USD: Euro, at 1,2950 in one month; 1.2600 in three months - RabobankFITITOL--FXstreet.com (Barcelona) - The Euro has been appreciating during the last three-weeks from 1.2880 low on April 22, reaching 1.3722 high on May 12, ever since, the Euro has weakened, reaching 1.3425 low so far on Monday, according to a href="http://www.rabobank.com/research/file/weekly/fmr_weekly.pdf"Rabobank/a, Euro weakness will prevail, driving the Euro to levels below 1.30 in one month time.br /br /The a href="http://www.rabobank.com/research/file/weekly/fmr_weekly.pdf"Rabobank/a weekly technical forecasts, advances the Euro-Dollar to decline to levels around 1.2950 in one month time, and bottom at 1.2600 within three months. The European currency will pick up to 1.2700 in November, and to 1.2900 in February next year to return to 1.3200 in twelve months time.br /For more information, read our latest a href="http://www.fxstreet.com/news/forex-news/"forex news/a.div a href="http://feeds.fxstreet.com/~ff/news/forex-news?a=KjrD9jD0clk:HSJKNDd2I9E:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/news/forex-news?d=yIl2AUoC8zA" border="0"/img/a /div

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