The Euro surged against the American currency yesterday. The exchange rate
changed from 1.0627 in the morning to 1.0637. The movement depended on the
New worries about the length of the conflict operate
against the dollar. Today USD/EUR opened at 1.0635 and should move in the
range of 1.063 and 1.080 depending on the Persian Gulf news.
Stepanka Kuzilkova, Investment Research, CSOB