Saxo scores with four on-target calls
Bank keeps eye on EUR/USD as policy meetings draw close
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Anticipating the relative policy trajectory among central banks helped Saxo Bank to top last week's one-month currency forecast table with on-target calls for four out of five G10 currency pairs.
Armed with the view that EUR/USD was close to the top of its range and an inclination for the European Central Bank's (ECB) policy path direction, as well as the belief there was underappreciation of the Federal Reserve to strike, Saxo felt the pair was mispriced. It therefore
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