4Cast wins on contrarian EUR/USD view
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4Cast has topped this week’s three-month currency forecast rankings after accurately predicting the US dollar would weaken against the euro as a result of reserve managers supporting the eurozone currency until there was continued US growth in 2014.
On November 15, 2013, EUR/USD was trading at 1.3451, and while the consensus three-month view was for the pair to trade lower by February 17 at 1.3240, 4Cast recorded a spot-on prediction that the US dollar would continue
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