US dollar and pound sterling will appreciate

February 16, 2010

Jyske Bank believes that both the US dollar and pound sterling will appreciate. If we see a quick solution to the problems in Greece, the forecast may not hold, but this seems unlikely.
 
Jyske Bank forecast USD/DKK (EUR in brackets)
3 months: 5.64 (1.32)
6 months: 5.82 (1.28)
12 months: 5.87 (1.27)

Jyske Bank forecast GBP/DKK (EUR in brackets)
3 months: 8.87 (0.84)
6 months: 8.87 (0.84)
12 months: 9.31 (0.80)