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Econintersect: Every day our editors collect the most interesting things they find from around the internet and present a summary “reading list” which will include very brief summaries (and sometimes longer ones) of why each item has gotten our attention. Suggestions from readers for “reading list” items are gratefully reviewed, although sometimes space limits the number included.
World’s Best Forecaster Targets Euro-Dollar Parity: Currencies (Lucy Meakin and Andrea Wong, Bloomberg) We have been discussing this 'behind the wall' in recent days and now ING Groep NV which became the world’s most accurate currency forecaster in 2014 by being bearish on the euro has forecast a 13-year low for the euro at U.S. dollar parity. The forecast covers the expected low over the coming two years. See more about currency forecasts 'behind the wall' today.