Yesterday the Euro reached another maximum against the dollar. The ECB
decision to keep rates on hold was the main stimulus for the euro. It is
expected, that contemporary trend in USD weakening could continue for some
time. On Thursday the currency pair opened at 1.1457 and closed at 1.1482.
Today it started at 1.1488 and should stay between 1.1460 and 1.1560.
CSOB, Investment Research