Dollar strength boosts Standard Chartered to top
Standard Chartered has topped this week’s one-month forecast rankings after predicting a gradual strengthening of the US dollar, based on expectations the US would continue to show signs of recovery while the outlook in the eurozone would remain uncertain.
On March 1, when EUR/USD was trading at 1.30, Standard Chartered forecast it would fall to 1.29 in one month’s time. By the end of the month the euro had weakened even further, and was trading at 1.28 against the dollar on April 2, according
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