Scotia Capital expects growth in the euro / dollar in the next year

According to currency analysts Scotia Capital, asset diversification will have a negative pressure on the dollar, which resulted in the growth of pair euro / dollar in 2010 to a mark of 1.60. As noted in the bank, the single European currency continues to slowly strengthen against the U.S. dollar. The bank's strategy believe that next year's asset diversification to the detriment of the dollar will continue, and the euro / dollar in three months to grow to a level of 1.52, after half a year will reach 1.55, and the end of 2010 will be traded at 1.59. Currently, the euro / dollar was at around 1.4355.