Informa tops the pile with cautious dollar gain forecast
Informa Global Markets has topped this week's one-month currency forecast rankings with accurate predictions on all five currency pairs, based on an expectation of soft dollar gains as the eurozone found little stability from recent European Central Bank (ECB) intervention.
On September 14, with EUR/USD trading at 1.3104 and GBP/USD at 1.6222, Informa predicted both pairs would fall over the course of the next month, despite the ECB's outright monetary transactions (OMT) scheme that had been
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