CURRENCY OUTLOOK

The Euro has done well through the first half of 2011, Rallying to fresh multi Year Highs Against the US Dollar and Strengthening Against almost all G10 Counterparts.There remain clear fundamental risks for the Single Currency in the Second Half of 2012 & We Look for the Euro to Fall.On Robust Interest Rate Forecasts and is at Risk of Losses on Any Significant Downgrades. Look for the EUR/USD to end 2011 below 1.25. & US Doller index to end above 81.45

---BY PROFITEVOLVER.