WASHINGTON, DC – January 4, 2019 – Monex has been named the top G10 currency forecaster for Q4 2018, according to the Bloomberg FX Forecast Accuracy Rankings that were released January 4, 2019.
The foreign exchange and international payment solutions company has earned this top spot for four out of the last eight quarters. Additionally, Monex has ranked first top currency forecaster for the New Zealand Dollar, second for the Japanese Yen, fourth for the Mexican Peso, Australian Dollar and Canadian Dollar, and ninth for the Swiss Franc for the fourth quarter of 2018.
“We are honored once again to have earned the top spot in the Bloomberg overall rankings, beating out more than 55 other distinguished global financial institutions for forecasting the G10 currencies, and ranking first for the New Zealand Dollar, second for the Japanese Yen and ranking for several other currencies,” said John Doyle, Vice President of Dealing and Trading for Monex. “At Monex, we are always focused on 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. https://monexusa.com/
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