A Reuters poll of 41 foreign exchange strategists showed that 29 would expect dollar positions to remain stable or increase in net long positions by the end of July, while 12 expected them to decrease. The euro/dollar exchange rate is projected to reach 1.16 within three months, 1.17 within six months, and 1.18 within a year (compared to 1.18, 1.19, and 1.20 in the June survey).