Dollar Likely to Gain Ground

A little over a year after the economic crash, even those at Wells Fargo view the economy as if its on the upswing, expressing delight that things are becoming closer to "normal." Although there may not be noticeable differences of economic recovery until the end of 2010, a variety of factors are contributing to the fact that the United States dollar is expected to see gains throughout next week.

One of the major benefits for the dollar is due to stocks and emerging market currencies, all effecting the year-end profit. Currently the dollar is up 1.9%, which is by far the best increase since the spring. On the other hand, the Euro is down 2.4%, well on its way to being the worst in approximately eight months. One reason for this decline revolves around Greece's economic instability.

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