NAB wins for third week running with close EUR/USD call

Australian bank comes top as the FX market focuses on monetary policy divergence and uncertainty over the UK's future

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Diverging views: policy differences between the ECB and the Fed are still the big elephant in the room

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National Australia Bank (NAB) won last week's three-month currency forecast for the third consecutive week, thanks to a close call on the euro's upward path against the dollar.

The single currency rebounded against its peer to trade at 1.09, up from a level of 1.06 in November last year.

"Three months ago, we were of the view that EUR/USD was trading in a broad 1.05–1.15 range and that you could make good arguments for both sides of that range. In the presence of a

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