Press Release

Bloomberg Ranks Monex Top MXN Forecaster for Last THREE Quarters

WASHINGTON, DC – July 2, 2021 –TEMPUS is proud to be named the top currency forecaster for a third consecutive quarter for the Mexican peso (MXN) in the Bloomberg FX Forecast Accuracy Rankings for Q2 2021.

 

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Additionally, Monex earned a spot in the top 10 for G10 currencies, 4th place for the New Zealand dollar (NZD), and 6th place for the Euro (EUR). Monex achieved these distinctions above nearly 50 other distinguished global financial institutions, including some of the world’s largest banks.
Q2 2021 Bloomberg Win

A notable performance in their accuracy, Monex has maintained the top forecasting honor for USD/MXN despite it moving 11% over the past three quarters.­ During this past quarter, USD/MXN moved in a wide, 5% range but closed the month within 0.3% of Monex’ long-held forecast.

Once again, we are elated to be recognized for our currency forecasts and the comprehensive analysis behind it,” explains Juan Perez, Senior FX Trader & Strategist for Monex. “As we regularly tell the press, these are different times with different dynamics; thus, we are fortunate to maintain some foresight into what is happening through our narrative to help clients better navigate the market volatility.”

TEMPUS has provided simplified, market-leading foreign exchange (FX) payments and risk management solutions for thousands of clients and corporate partners for over two decades.

This Bloomberg accolade reaffirms ongoing efforts to deliver top FX expertise from their dedicated account managers, an award-winning trading team, and leading digital tools like their online payments platform, TEMPUS Online, and tailored API solutions.

TEMPUS consistently earns top 10 recognition in Bloomberg’s quarterly rankings both for overall G10 currencies and individual currencies like this current acknowledgment.

 

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