Gain Capital takes top spot with close calls
The firm sees the dollar strengthening further
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Gain Capital topped last week's three-month currency forecast table with close calls on five G10 currency pairs, using trends that followed previous rate hikes to guide its predictions.
The firm was almost on target with EUR/USD's decline from 1.13 to 1.09 on October 16, when it forecast the pair would trade down to 1.08 in three months' time. Gain also slightly missed on USD/JPY and EUR/JPY, which traded down from 119 to 117 and 135 to 128, respectively.
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