CMC Markets triumphs with close calls

Accurate forecasts on euro and sterling



CMC Markets won last week's one-month currency forecast with two close calls on the exchange rate of the euro and sterling against the dollar.

On May 22, the UK-based financial derivatives dealer predicted EUR/USD to rise to 1.15 from 1.11 within a month's time. The pair initially dropped to 1.08 at the end of May, before settling around the 1.13 level it has held since.

"We have seen the low in EUR/USD in the short-to-medium term and there is more chance of it going

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