Rabobank snatches the top with spot-on calls
Rabobank nails three G10 pairs
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Rabobank topped last week's three-month currency forecast table with spot-on calls for three out of five G10 currency pairs, helped by the assumption that support for the euro would peter out after investors reversed some of their short bets on the currency.
On August 7, when EUR/JPY was at 136, Rabobank rightly projected the pair would trade down to 133 over three months. The bank nailed it that cable would be steady at 1.55, with USD/CHF slightly trading up to 0.99
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