Euro Seems Likely to Win Out During 'Rate' Week.

The article speculates on European monetary policy and foreign exchange rates in the second week of May 2007. Analysts expect the euro to trade between $1.345 and $1.368, compared to $1.3597 in May 4. The Bank of England is likely to raise it key rates by a quarter of percentage points to 5.5 percent. The European Central Bank is likely to maintain the prevailing interest rates.