Dollar strength to drive FX markets into 2014, says Lloyds
Lloyds Bank has topped this week's one-month currency forecast rankings with an accurate prediction that the euro would remain steady at 1.33 against the dollar, although looking forward the bank expects the dollar's increasing strength to be the driving force of currency markets, to the detriment of other major currencies.
On August 16, Lloyds forecast EUR/USD would remain at 1.33 in a month's time, but fall as far as 1.20 by mid-2014. The significant disparity between the bank's short-term and
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 print this content. Please contact customer services - www.fx-markets.com/static/contact-us to find out more.
You are currently unable to copy this content. Please contact info@fx-markets.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@fx-markets.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@fx-markets.com
More on Rankings
Gain Capital on top as market eyes Fed rate hike
US retail broker sees dollar strength continuing
RBC weak cable view lands bank top
A bearish view on GBP/USD in the last month has catapulted the Canadian bank into first place from 21st
Saxo Bank wins with long-term dollar call
John Hardy is unsure how long EUR/USD parity will last
Pick-up in volatility takes SEB to top
The Swedish bank sees EUR/USD trading at 1.08 by June
USD/JPY call pushes Nomura to top
Japanese bank moves up from sixth place
SEB wins anticipating weak USD gains
BoJ could be forced into further QE before 2015
Spot-on dollar view puts CIBC top
Fed to raise rates soon after BoE action
Euro resilience helps Monex top rankings
US dollar has not been helped by poor economic data