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Feb 13, 2012 04:32AM GMT
     
 
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World-Signals expect stable dollar in the coming weeks

By   |  General Overview  |  Dec 23, 2007 12:00AM GMT
 
 
Optimism for the world biggest economy keeps the dollar stable at the end of the year. Just a day before the holiday the traders prefer to close their short EURUSD positions, but the tendency for new dollar recovery after the holiday remains. The dollar will test the levels below 1.40 to the end of 2007 or at the beginning of 2008. The U.S. economy is in good condition and after the holiday will send positive fundamental signals. In World-Signals.com the tendency is for positive news for the U.S. economy and continue recovery of the dollar. We expect test of 1.40 in very short time probably the end of the year before.
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