Swissquote wins by anticipating euro weakness

Swissquote sees EUR/USD approaching parity by year end

forecasts

CLICK HERE TO VIEW THE PDF

Swissquote topped last week's one-month forecast tables by anticipating the extent of the European Central Bank's (ECB) quantitative easing (QE) measures and the scope for further euro weakness.

On January 16, the bank forecast EUR/USD to fall to 1.14, from the high 1.15 region it was then trading at, as a consequence of the ECB announcing on January 22 that it would pursue QE.

Peter Rosenstreich, head of market strategy at Swissquote, says the firm was confident of

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: