Danske wins with forecast of Swiss franc strength

Dollar-franc consensus forecast vs spot October 31 2011

Download this week's currency forecasts index

Danske Bank has topped this week's 12-month currency forecast rankings after taking a contrarian view in late 2010 on the likely strength of the Swiss franc.

On October 22, 2010, the Danish bank predicted USD/CHF would fall from 0.97 to 0.91 in a year's time, a view that put it against the consensus forecast of an appreciation to 1.05.

According to Kasper Kirkegaard, senior foreign exchange analyst at Danske Bank in Copenhagen, the likelihood of a

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: