Danske continues winning streak with upward euro forecast

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Danske Bank has topped the one-month currency forecast rankings for the fifth successive week after taking the view that positive global economic data, combined with market positioning, would push EUR/USD higher at the start of 2013.

On December 14, 2012 the bank forecast EUR/USD would rise from 1.31 to 1.33 in a month's time. The euro strengthened in line with Danske's expectation, and was trading at 1.3439 on January 28, according to data from

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