BNY Mellon: euro will return to the field maxima

Analysts from the BNY-Mellon believed that the key factor for the single currency is still time. They mean the outcome of the meeting Merkel and Sarkozy. Employees of the bank, adding that currently the European currency is supported by the ban on short selling, as well as in anticipation of the Fed by market participants of the third stage of quantitative easing. In the short term, analysts expect to see a restoration of the single currency area to highs this year. Current euro / dollar $ 1.4395.