prediction for 2010:
- USD = 1.2 EURO (USD gains 20% against EUR)
- GBP stays flat vs EUR
- morroccan currency appreciates 20% against EUR and GBP
Reason for this is investment in Morrocco will force rate up and if USD appreciates, they will have to follow suit. USD will appreciate only because EUR and GBP will start depreciating due to Europeand and England central Banks not doing enough for economy - only look at inflation which shall not be main indicator for economy