Danske Bank's rates-based forecast comes up trumps
Danske Bank has topped this week’s three-month currency forecast rankings with predictions that focused on the impact the difference in interest rate policy between the European Central Bank (ECB) and the Federal Reserve would have on the major currency pairs.
“We believed the market would buy into the notion the ECB was hiking rates, and would continue to do that throughout the year, and the Federal Reserve would keep rates unchanged. In February there was discussion that the Fed would begin to
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