NAB tops one-month rankings with constrained USD outlook
National Australia Bank (NAB) has topped this week's one-month currency forecast rankings, thanks to a mid-January view that the value of the dollar would be constrained in the near-term by harsh weather currently affecting the US east coast and the latest debt-ceiling wrangle in Washington, DC.
On January 17, the firm forecast EUR/USD, USD/JPY and EUR/JPY to move to 1.37, 102 and 140, respectively. Both its EUR/USD and USD/JPY predictions proved to be bang on the nose – the former climbed from
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