Euro Currency Exchange Rate Forecast July 2010 | Currency News & Analysis

Posted on 29 June 2010

Euro dips 0.2 pct to $1.2345 which is another negative day for eurozone. The Swiss franc also hit high against euro but this news will short live because analysts have predicted euro to incline in the month of July and will keep on rising till October. The investors are advised to buy euros now and sell in the month of September which will earn you a 20% gain on investments.

On the other hand, the dollar is stable again and will be stable for long unless another oil spill clean sweep budget is decided.Sterling has also hit high against euro and dollar. The sterling investors have the opportunity to cash their pound investments and if they decide not to, its fairly okay because sterling peak time will continue till a couple of months. This is euro’s 18 month low against sterling but euro will soon start recovering by the mid of July and will continue to incline almost 22%. Euro showed heavy selling around the world because investors are stockpiling the currency for safer and profitable investments. The Euro outlook now looks attractive against U.S. Dollars

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  1. UK Stock Market Forecast July 2010 | Stock Market Predictions | News & Analysis | Financiere says:

    [...] forex market is also getting stronger with weaker dollar and soaring pound. The euro currency exchange rate forecast have shown that the eurozone is likely start recover by the end of this month which will also allow [...]

  2. Euro Rises Against Dollar To Two-Months High | News & Analysis | Financiere says:

    [...] increased 0.4 percent to $1.2895 in New York from $1.2724. The euro was traded at 112.62 yen. The prediction for Euro currency exchange rate by our financial expert came to be true as the trend followed by the market was posted on 29th of [...]

  3. Pound Vs. Euro | Pound Slides Against Euro | Financiere says:

    [...] predicted by our financial analysts that Euro will keep on rising till the month of September. The forecast for euro currency exchange rate is positive and investors will benefit from the upward market trend of Euro. “Euro will never [...]

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