TMS Brokers wins with spot-on euro forecast
Accurately anticipates the depreciation of the euro after ECB action
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TMS Brokers topped last week's one-month currency rankings by correctly forecasting that the euro's exchange rate would come under pressure in the run-up to the European Central Bank's (ECB) announcement of further monetary easing this month.
On May 9, the firm predicted EUR/USD, then trading at 1.3812, would fall to 1.36 in a sharper drop than the consensus call for a slide to 1.3768.
Mariusz Potaczała, chief executive and founder of TMS Brokers, says the euro's
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