Gain Capital on top as market eyes Fed rate hike

US retail broker sees dollar strength continuing



Gain Capital has topped last week's three-month currency forecast rankings after predicting a broad period of dollar strength against other majors as the market looks for an impending interest rate hike from the US Federal Reserve this year.

On January 16, with USD/JPY trading at 1.17, the retail FX broker expected ongoing dollar strength to push the currency pair to 121. They opened at 1.20 on April 13, close to this forecast, while USD/CHF also rose in line with the

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