Eurodollar will rise to 1.30 in early 2013, says Danske Bank
Danske Bank has topped this week's three-month currency forecast rankings after predicting aggressive monetary policy from the European Central Bank (ECB) and the Bank of Japan would drive both EUR/USD and EUR/JPY higher.
On August 24, with EUR/USD trading at 1.2514, Danske Bank accurately forecast the pair would rise to 1.27 in three months' time. By November 19, the euro had strengthened to 1.2773 against the euro, according to data from Thomson Reuters.
"We believed the Federal Reserve would
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