WASHINGTON, DC – January 4, 2019 – Monex has been named the Top G10 Currencies Forecaster for Q4 2018, according to the Bloomberg Foreign Exchange (FX) Forecast Accuracy Rankings that were released January 3, 2019.
The FX and international payment solutions company has earned this top spot for four out of the last eight quarters. Additionally, Monex has ranked first for New Zealand dollar, second for Japanese yen, fourth for Mexican peso, Australian dollar and Canadian dollar, and ninth for Swiss Franc for the fourth quarter of 2018.
“It’s tough to get the top spot once; being at the top four times in the last eight quarters is just a phenomenal work!” said Juan Pablo Carriedo, CEO at Monex. “At Monex, our focus is to help companies navigate the volatile currency market both efficiently and cost-effectively; being awarded these rankings reaffirms our efforts. We are committed to keeping organizations well-informed of current activity in the global markets in order to make the right decisions with optimal timing for their international payments.”
Bloomberg FX forecasters are ranked based on three criteria: margin of error, timing, and directional accuracy. Monex is proud to have been awarded #1 Overall Accuracy Forecaster for G10 Currencies multiple times by Bloomberg.
About Monex: Since 1999, Monex has provided corporate clients with the best foreign exchange and international payment solutions in the industry. We operate in the US as Monex and in the UK as Monex Europe, all part of the global Monex group, one of the world’s largest commercial foreign exchange providers. Based in Washington, DC, and together with its global affiliates, Monex has leveraged a combined annual FX volume over $150 billion to help more than 40,000 clients from a broad range of industries successfully navigate the global currency markets and market fluctuations.
