GFT tops the trend-spotters

CURRENCY FORECASTS

GFT shifted from its previous month's forecast, which was a mildly bullish to neutral outlook on the US dollar, to a more bearish outlook over the next month with Asian crosses asserting greater leadership than European crosses

"Our 12-month view from a technical standpoint is leaning towards the euro, which looks to now have pulled back from its cyclical bull run," said Jamgotch.

The longer-term horizon of its institutional fund managers often helps GFT forecast the markets, he said. "We've

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