Cable stagnation forecast moves RBS to top
Royal Bank of Scotland (RBS) has topped this week's one-month currency forecast rankings after taking an accurate short-term view on sterling, the euro and the Swiss franc.
On February 3, with GBP/USD trading at 1.5824, the bank went against the consensus forecast that sterling would fall, taking a view that the underlying drivers in both the US and the UK were unlikely to move the currency in either direction.
"Both the US and UK economies had suffered a first leg of financial crisis and both
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