Forex strategists hit back at Greenspan

NEWS

LONDON -- Foreign exchange strategists last week hit back at comments from Federal Reserve chairman Alan Greenspan, who recently said that forex forecasting is the least accurate in economics.

In his testimony to the Senate Banking Committee last month, Greenspan said "there may be more forecasting of exchange rates -- with less success -- than almost any other economic variable".

However, David Bloom, currency strategist at HSBC in London, found that while equity index forecasts for the past

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.fxweek.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

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: