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We provide investors with valuable alternatives in the Forex marketplace. These include innovative educational opportunities, comprehensive research, superior analytical tools and state-of-the-art electronic trading capabilities.Euro will drop to 1.3600 in 3Q and soar to 1.55 in 2010 - BMO Capital Markets .  Euro rally from levels below 1.3000 in mid April to the 5-month high at 1.4335 reached oon today’s Assian session, might be coming to an end, according to the BMO Capital


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Euro will drop to 1.3600 in 3Q and soar to 1.55 in 2010 - BMO Capital Markets

FXstreet.com (Barcelona) - Euro rally from levels below 1.3000 in mid April to the 5-month high at 1.4335 reached oon today’s Assian session, might be coming to an end, according to the BMO Capital Markets Economic Research Team, which advances a decline to levels around 1.3600 in the third quarter of the year.

The BMO Capital Markets Economic Research Team, expects the EUR/USD to average 1.4100 in the second quarter of the year, to drop to 1.3600 average price in the third quarter and then back to 1.4000 in the last quarter of the year.

For Next year, the BMO Capital Markets Economic Research Team expects a continuous rally for the Euro Dollar, from prices around 1.4400 in the first quarter, the Euro will reach 1.4800 in the second and 1.5100 in the third quarter, to close the year at prices around 1.55.
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