Sterling rally gives Rabobank a clear victory
Danish bank tops this week's forecast rankings
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Rabobank won last week's one-month currency forecast after correctly anticipating the extent of sterling's gains against the dollar.
The Dutch bank made the call on June 12, predicting GBP/USD would rise to 1.54 from 1.52, pushed higher by strong data from the UK economy. However, Jane Foley, senior FX strategist at Rabobank, is sceptical of sterling being able to hold on to its gains from here and forecasts cable to fall to 1.49 by the second quarter of 2016.
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