RBS is top 12m forecaster


But one bank has put in a solid performance. A year ago, Royal Bank of Scotland (RBS) forecast last week's major FX rates with accuracy of 96.8%, topping the ranking of the 10 banks then on our index.

RBS predicted e/$ at 1.25 (actual rate last Tuesday 1.2245); $/¥ at 105 (109.43); e/¥ at 131 (133.00); cable at 1.70 (1.8379) and $/Sfr at 1.24 (1.2485).

JP Morgan Chase was not far behind RBS, with an accuracy rating of 96.6%, and the then Credit Agricole Indosuez was third with 95.7%.

The most

To continue reading...

You need to sign in to use this feature. If you don’t have a FX Week account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: