Reuters poll shows U.S. dollar positions will remain stable, euro is expected to rise to 1.18

A Reuters survey showed that 29 of 41 foreign exchange strategists said their U.S. dollar positions would remain stable or show net long increases by the end of July, and 12 said they would decline. The euro/dollar (EUR/USD) is expected to reach 1.16 in three months, 1.17 in six months, and 1.18 in one year.