Top forecaster LBBW thinks ECB may have to resort to QE as early as November
Tue, Oct 07, 2014 - 5:50 AM
Precarious: While LBBW's prediction is already among the most bearish, BNP Paribas is forecasting an even lower US$1.18 for the euro.
[TORONTO] Landesbank Baden-Wuerttemberg (LBBW) is predicting that the euro will tumble 4 per cent to US$1.20 by the end of 2015, adding to its 11 per cent drop from this year's high of US$1.3993 in May.
The German bank, which topped Bloomberg's rankings for the four quarters ended Sept 30...