The British pound is likely to remain vulnerable against the dollar, because it will suffer from political uncertainty associated with membership in the European Union. Probably the pair GBP/USD will move in the range of 1.35 to 1.40, with the potential to test the lower limit of this range.
Against the yen, the dollar is expected to show limited progress, and it's possible, that it will form maximum level around 130.00. Break above this limit, however, is almost impossible, according to the Deutsche Bank.
The forecasts on EUR/USD provide levels around 0.9500 at the end of the year, above the previous expectations for a falling to 0.9000. Some risk factors, such as China, can disrupt the green money to rise more intense.
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