Nov. 23 (Bloomberg) -- The dollar will continue to weaken into the end of the year as central banks signal interest rates are likely to stay low into the second half of 2010, according to Standard Bank Plc.

Investor profit-taking in December won’t be enough to strengthen the dollar, while history shows that the euro tends to rise against the U.S. currency in December, Steven Barrow, head of group of 10 currency strategy in London, wrote in a research report today.

“The ample provision of global liquidity, through central bank action and dollar weakness is not turning around,” Barrow wrote.

The dollar has fallen 6.7 percent against the euro this year. It traded at $1.4976 per euro as of 9 a.m. in London.

To contact the reporter on this story: Matthew Brown in London at mbrown42@bloomberg.net

Last Updated: November 23, 2009 04:01 EST