GO
Loading...

Charts: Euro to Fall Toward $1.15

Tuesday, 18 May 2010 | 1:40 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.