Saxo Bank wins with subdued euro view
Danish bank spot-on with EUR/USD view
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Saxo Bank topped last week's one-month currency charts after anticipating the market would eventually price in a much more forceful rhetoric coming from the European Central Bank (ECB).
On April 25, Saxo forecast EUR/USD to fall from 1.3845 to 1.36. The overall consensus was in favour of a milder decline in the 1.3751 region. But in May, ECB president Mario Draghi stepped up the rhetoric and hinted at further monetary easing at the central bank's next meeting
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