Nomura has lowered the forecast for the euro / dollar

Nomura Bank currency strategists in a research note to its clients report that the situation in some euro-zone economy remains dismal, and in light of the prospects for maintaining investors' concerns about their fiscal positions and the ability to fund its obligations they expect to maintain pressure on the euro. The bank is also paying attention to the fact that the euro in recent weeks, notably handed position, and reported that decided to lower its forecast for euro / dollar at the end of the first quarter from $ 1.52 to $ 1.36 and $ 1.55 to $ 1.40 at the end of the second. Projections for the third and fourth quarters were lowered to $ 1.57 and $ 1.60 to $ 1.43 and $ 1.45 respectively.