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Dollar rebound predicted by most accurate forecaster: Currencies

Posted on 08 October 2013

Desjardins Group, a Canadian credit union that beat the largest banks as the third-quarter’s most-accurate currency forecaster, favors the dollar as U.S. growth outpaces Europe.
Hendrix Vachon, an economist and currency strategist, said Desjardins expects the dollar to gain versus the euro and pound. That puts the firm in line with Norddeutsche Landesbank Girozentrale, which came second in Bloomberg’s survey, and third-placed Westpac Banking Corp. (WBC)……………………………………….Full Article: Source


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