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ING Wholesale Banking

Bloomberg: ING world’s most accurate currency forecaster in 2014

According to Bloomberg, ING topped its rankings of foreign-exchange analysts for the four quarters ended 31 December, rising from second place previously and supplanting German lender Landesbank Baden-Wuerttemberg in the no. 1 slot.

“In one of its best calls, ING predicted at the start of 2014 the euro would fall 13 percent to $1.20 by Dec. 31, compared with a median estimate in a Bloomberg survey of $1.28 at the time. The shared currency ended the year at $1.2098, and traded at $1.1798 as of 9:39 a.m. in London,” writes Bloomberg.