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  • World’s Best Forecaster Targets Euro-Dollar Parity

    From bloomberg.com

    Being more bearish on the euro than the consensus helped ING Groep NV become the world’s most accurate currency forecaster in 2014. The Dutch bank sees no reason to change its strategy now, breaking from the pack to predict a drop to parity with the dollar within two years. After watching the 19-nation currency slide as low as $1.1754 today from last year’s high of $1.3993 in May, ING sees it continuing to weaken all the way to $1, a level last seen in 2002. The median estimate of more than 30 forecasters in a Bloomberg survey is $1.15 by the end of 2016. ING expects measures by the European Central Bank to boost ... (full story)

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  • Post #1
  • Quote
  • Jan 8, 2015 9:56am Jan 8, 2015 9:56am
  •  Guest
  • | IP X.XX.221.7
oh wow, are these news coming out? so it´s time to buy eur...
 
 
  • Post #2
  • Quote
  • Jan 8, 2015 10:06am Jan 8, 2015 10:06am
  •  mrbandwidth
  • | Joined Feb 2010 | Status: Member | 185 Comments
1.44 then
 
 
  • Post #3
  • Quote
  • Jan 8, 2015 12:15pm Jan 8, 2015 12:15pm
  •  OnlineAddict
  • Joined May 2014 | Status: Veteran | 2,772 Comments
I wonder for long EURO will exist...I give it a few more years before it goes where it belongs to.
 
 
  • Post #4
  • Quote
  • Jul 17, 2015 10:55am Jul 17, 2015 10:55am
  •  manikah
  • | Commercial Member | Joined Jun 2012 | 6 Comments
But ultimately eurusd go down upto 1.05 and now moved between 1.08 to 1.14
 
 
  • Post #5
  • Quote
  • Jul 17, 2015 11:15am Jul 17, 2015 11:15am
  •  gc44
  • | Joined Apr 2015 | Status: Member | 517 Comments
I would agree but anything can happen in FX, who would have thought it would have touched 1.14 in may. All this Greece news and usual stats were still going on in the background.
 
 
  • Post #6
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  • Jul 17, 2015 11:16am Jul 17, 2015 11:16am
  •  gc44
  • | Joined Apr 2015 | Status: Member | 517 Comments
all this news BS to get everyone shorting
 
 
  •  Guest
  • | IP XX.XXX.174.110
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  • Story Stats
  • Posted: Jan 8, 2015 9:43am
  • Submitted by:
     Newsstand
    Category: Fundamental Analysis
    Comments: 6  /  Views: 3,428
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