Deutsche Bank predicts lower euro / dollar in the next months

According to currency analysts Deutsche Bank, in the following months, the European currency may drop to 6% against the U.S. dollar against the backdrop of speculation that the Fed will raise interest rates before the European Central Bank. As noted in the bank, analysis of changes in euro / dollar indicates that in the next couple months, probably will be traded at the lower range of $ 1.2750 - $ 1.3000 and possibly even fall to the bottom border. The cause of the next wave of decline of the euro / dollar is likely to be record prices in the market beginning of the cycle of rate hikes the Fed, rather than the further revaluation of the fiscal risks within the euro area. Currently, the euro / dollar was at $ 1.3588.