Gain takes top spot on steady dollar call
Firm sees choppier trades ahead and Fed resuming hiking cycle this year
Gain Capital topped last week's 12-month currency forecast table with a spot-on EUR/USD call and three close ones, aided by rigorous data analysis showing the dollar stabilising over time.
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When EUR/USD was trading at 1.10 on March 6, 2015, Gain decided it would not get caught up in the emotions of near-term trends. So, when there were signs of the dollar gaining further momentum against its peers, the firm accurately projected that EUR/USD would trade down to 1.09 in a
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