UniCredit wins with long-term view

cms-0302

UniCredit has topped this week’s 12-month currency forecast rankings as it correctly predicted that safe-haven currencies would weaken at the start of 2014, due to diminished tail risks associated with the eurozone and rising US yields in the wake of the Federal Reserve’s tapering.

On January 25, 2013, the bank forecast EUR/USD, USD/JPY and USD/CHF to trade at 1.36, 93 and 0.94. The pairs moved from 1.34 to 1.37, 90.95 to 102.23 and 0.92 to 0.89 in the past 12 months. Vasileios Gkionakis, global

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services - www.fx-markets.com/static/contact-us, or view our subscription options here: https://subscriptions.fx-markets.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: