Monex Europe has ranked among the top G10 currency forecaster’s again in Bloomberg’s FX forecast accuracy rankings for the third quarter (Q3) of 2018.
Monex Europe ranked 5th out of 54 contributors in the 13 Majors category for Q3 2018 and 6th of of 55 contributors for the G10 category.
This is the best overall performance since Bloomberg introduced their current ranking methodology in 2013. It truly underpins the expertise of our analysis team here at Monex Europe.
– Ranko Berich, Head of Market Analysis at Monex Europe.
For individual currencies, Monex Europe ranked 1st for AUD/USD, 3rd for NZD/USD, 6th for USD/NOK, 7th for GBP/USD and 9th USD/JPY.
Bloomberg ranks an FX forecaster based on three criteria – margin of error, timing of forecasts and directional accuracy of movements in the currency.