TD Securities: Eurodollar lacks directional dynamism
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Toronto-Dominion Securities has topped this week's one-month currency forecast rankings after making accurate predictions on the direction of eurodollar in late June.
On June 24, TD Securities went against the consensus of forecasters by predicting the euro would rise rather than fall against the dollar in a month's time, climbing from 1.42 to 1.44. Following the second rescue package for Greece announced on July 21, the pair traded at 1
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