This week Monex Europe have ranked near the top for best emerging markets forecasters in the 1-month and 3-month rankings.
The results are based on the forecasts for the Brazilian real, Russian ruble, Indian rupee, Chinese yuan and Mexican peso. Monex Europe placed 2nd in the 1-month and 4th in the 3-month horizon.
Forecasts are as follows:
One-month rankings, based on forecasts submitted Feb 22, 2019:
Three-month rankings, based on forecasts submitted Jan 4, 2019:
Our analysts here at Monex Europe continue to have a positive stance on EM currencies, however are aware of the potential short term risks at present.