Danske wins with range-bound euro forecast
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Danske Bank has topped this week's one-month currency forecast rankings after taking an accurate view in late March that EUR/USD would remain at 1.32 in a month's time.
"A month ago, our basic view on EUR/USD was that it would continue range trading as a result of broadly counteracting drivers and flows. Relative rates have continued to narrow and the risk premium on Spain has increased. This would normally take eurodollar lower, but the
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