The Euro may gain up to $1.50 against the Dollar next year
The dollar fell the most in almost two weeks against the euro after Israel’s assault on the Hamas- controlled Gaza Strip raised concern that oil exporters will reduce crude supplies to U.S. consumers. The euro may strengthen to $1.5166 in the first quarter, technical indicators show, according to Royal Bank of Scotland Group Plc. “With some strong base formed near $1.2300, the bias drifts up to $1.5166” in the first quarter, Tom Pelc, head of technical strategy at Royal Bank of Scotland in