BMO in double win with accurate yen forecasts
Download this week's currency forecasts index
Bank of Montreal has topped both this week's 12-month and one-month currency forecast rankings after predicting that decisive monetary policy in Japan would see the yen continue to weaken.
On February 8, 2013, the Canadian bank predicted EUR/JPY would rise from 124 to 125 in a month's time, accurately reflecting the spot rate on March 11 of 124.93. The bank also forecast that USD/JPY would move from 92.44 to 94 over the month, but the pair exceeded
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More on Rankings
Gain Capital on top as market eyes Fed rate hike
US retail broker sees dollar strength continuing
RBC weak cable view lands bank top
A bearish view on GBP/USD in the last month has catapulted the Canadian bank into first place from 21st
Saxo Bank wins with long-term dollar call
John Hardy is unsure how long EUR/USD parity will last
Pick-up in volatility takes SEB to top
The Swedish bank sees EUR/USD trading at 1.08 by June
USD/JPY call pushes Nomura to top
Japanese bank moves up from sixth place
SEB wins anticipating weak USD gains
BoJ could be forced into further QE before 2015
Spot-on dollar view puts CIBC top
Fed to raise rates soon after BoE action
Euro resilience helps Monex top rankings
US dollar has not been helped by poor economic data