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Charts: Euro to Fall Toward $1.15

Tue 18 May 10 | 01:40 AM ET
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Charts: Euro to Fall Toward $1.15

Tue 18 May 10 | 01:40 AM ET
The euro is set to continue its recent declines against the dollar and will fall to between $1.18 and $1.15, Roelof van den Akker from ING Commercial Banking told CNBC Tuesday. "Rebounds within the downtrend are very short lived; we recommend selling each rally towards $1.2460 to $1.2560," he said.

Topics:

Currencies  | Economy (U.S.)  | Europe (West)  | Investment Strategy

 
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