Strong euro view gives CMC Markets a clear win

UK-based derivatives dealer wins with two on-target calls

forecasts

CMC Markets came top in last week's one-month forecast rankings after correctly predicting the euro's appreciation against all major currencies and the Swiss franc's rise against the greenback.

Concerns over China pushed investors to seek refuge in the euro, which surged to 1.17 against the dollar before settling around 1.13 by the end of last week.

"China is not going to get any better and that was one of the reasons why I thought the dollar would weaken, not only against the euro, but also

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