The U.S. dollar weakened against major world currencies on Monday due to the low trading activity because of the Christmas holidays.
The WSJ Dollar Index, which tracks the dollar’s movement against 16 currencies, is down 0.12%.
The euro is trading around $1.0629 versus $1.0617 in the previous session.
Analysts of Danske Bank have raised the forecast for the euro exchange rate in twelve months to $0.98 from the previously expected $0.93. The British national currency – to $1.15 from $1.08. At the same time they suggest that the Japanese national currency will cost about 128 yen/$1.
The value of the single European currency is now around 140.95 yen compared to 140.98 yen on Friday. The dollar is at 132.58 yen versus 132.79 yen at the end of the previous trading day.
The pound is trading at $1.2069 compared to $1.2051 on the previous trading day and the euro is at £0.8808 compared to £0.8810.
