FXstreet.com (Barcelona) - The Euro has taken advantage of broad-based Dollar Weakness to rally from levels below 1.2500 in March to reach right below 1.5000 in October, and according to Ashraf Laidi, chief strategist at CMC markets, there is still room for further Euro climbing.

Dollar weakness will persist, according to Ladi who expects the Euro to cap at 1.5700/1.5800 by the end of the year: Since the end of the summer, we have been calling for 1.5700 to happen by the end of the year. We mean that the highest level for the Euro - Dollar will be between 1.5700 and 1.5800 between now and the end of the year.

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