As Larson&Holz analysts had expected, USD was quite passive for the whole week. Quiet information period and promising news from Asia and Europe keep changing the dollar minimums. With EUR/USD the price has hit a two-year maximum, hitting the important checkpoint 1.16500. The Japanese yen (USD/JPY) behaviour is less startling comparing to Euro, yet it is aimed at breaking the April results of 108,500.
Specialists from Larson&Holz presume that EUR/USD quotes will aim at 1,17500 in the nearest future. This has been caused by US inadequate monetary policies, which contradict the assurances given by Janet Yellen, the Chairperson of the US Federal Reserve System. Next week the FRS resolution on interest rates will make the situation clear and will spin the wheel for the American currency and its vis-à-vis.