Australian dollar

Scotia backs euro ahead of dollar in 2011

Scotia Capital has topped this week's three-month currency forecast rankings with an accurate prediction of US dollar weakness following Federal Reserve chairman Ben Bernanke's hints of further quantitative easing (QE) in late August.

Saxo: The world got it wrong

Saxo Bank topped this week’s one-month currency forecast rankings with expectations that the US dollar would benefit from news of further quantitative easing (QE2) by the US Federal Reserve.

Yield strategy delivers in July

LONDON - Currency managers using the yield strategy were the best performers in July, benefiting from improving European economic data and positive banking stress tests, shows research from Royal Bank of Scotland (RBS).

BNP Paribas: pound is going down

BNP Paribas topped the 12-month currency forecast rankings and made a top five appearance in the one- and 12-month year-to-date index, by focusing on changing global liquidity conditions.

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