The Euro has strengthened against the USD to now around 1.42. since our last prediction in January for that to occur, we now see a USD rebound.
We at Fxassetmanagement.com a Forex Money Manager who recently correctly forecasted a weaker US Dollar, and than saw it drop 14 cents or nearly 1,400 pips in less than 4 months, sees a USD rebound.
Momentum, technicals and perception of a better economic future for USA are some reasons we believe could help strengthen the USD versus EUR to 1.35 to 1.38 forms here. This could happen by May or sooner.
We are still advising to leave 80% assets in safe liquid investments and only speculate with the other 20% and warn investors, of the importance of risk management and capital preservation.
