Dollar strength lends to Danske's victory
Bank sees solid recovery for Europe
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Danske Bank topped last week's one-month currency forecast table with on-target calls for three out of five G10 currency pairs, helped by its conviction that the dollar would maintain its strength going into the start of the Federal Reserve's hiking cycle. The Fed kicked this off on December 16, tightening by 0.25%.
On November 13, when EUR/USD was trading at 1.08, Danske was spot-on with its projection that the pair would trade up to 1.10. The Danish bank also
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