Thomson Reuters on top after stagnant start to year


Thomson Reuters – IFR Markets has topped this week's one-month currency forecast rankings, on the basis of a mid-December view that major currencies would remain fairly static during the first few weeks of 2014.

On December 20, the firm forecast EUR/USD, USD/JPY and EUR/JPY to remain at 1.36, 104.5 and 142 respectively, but it forecast that the US dollar would outperform the Swiss franc, as appetite for the franc as a safe-haven currency continued to decline. USD/CHF strengthened from 0.896 to 0

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