Monday, May 4, 2009

BMO Capital predicts the strengthening of the dollar

According to analysts of BMO Capital, the dollar / yen will continue to consolidate in the range, limited levels of 98.00-100.00 during 2009, but then a couple would resume growth. It was expected that in the second quarter of steam close to the mark of 100.00, but then begins a correction, which would lead it to the 98.00 area. During 2010, BMO Capital analysts expect the sustainable strengthening of the dollar to 103.00 in the first quarter, 105 - and 108 in the second - in the third.

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