US dollar remains the safe haven of choice, says CMC Markets

EURUSD November 19 2012

Download a copy of this week's currency forecasts index

CMC Markets has topped this week's one-month currency forecast rankings after taking an accurate short-term view that the US dollar would appreciate as weak economic data in western economies and Japan led investors to return to the dollar as the traditional save-haven currency.

On October 12, with EUR/USD and USD/JPY trading at 1.297 and 78.45 respectively, CMC Markets forecast the two pairs would be at 1.28 and 79 in a month's time. Sure

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