NAB on top after post-ECB euro rally
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National Australia Bank (NAB) has topped this week's three-month currency forecast rankings with a prediction that the latest round of policy response from the European Central Bank (ECB), and the speculation preceding it, would send the euro higher during the third quarter.
On June 15, the Australian bank predicted EUR/USD would rise from 1.26 to 1.28 in three months' time, even though the consensus view was that the euro would fall to 1.24
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