Nomura lowered the forecast for the euro / dollar

Nomura analysts have lowered forecasts for the euro / dollar in the fourth quarter of 2011 from $ 1.40 to $ 1.30. Their decision they make on the basis that the debt problems of the euro zone worsen. According to them, even if Greece will be able to avoid default, the pressure on EFSF persist, causing a new surge of unrest among the players and have a negative impact on their interest in risky assets. The forecast for the euro / dollar for the third quarter remained unchanged - at $ 1.40. Currently the pair is trading at $ 1.3972.