RBS is top 12m forecaster

- By FX Markets Staff
- @FXMarkets_
- 07 Jun 2004

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

But one bank has put in a solid performance. A year ago, Royal Bank of Scotland (RBS) forecast last week's major FX rates with accuracy of 96.8%, topping the ranking of the 10 banks then on our index.

RBS predicted e/$ at 1.25 (actual rate last Tuesday 1.2245); $/¥ at 105 (109.43); e/¥ at 131 (133.00); cable at 1.70 (1.8379) and $/Sfr at 1.24 (1.2485).

JP Morgan Chase was not far behind RBS, with an accuracy rating of 96.6%, and the then Credit Agricole Indosuez was third with 95.7%.

The most

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services - www.fx-markets.com/static/contact-us, or view our subscription options here: https://subscriptions.fx-markets.com/subscribe

You are currently unable to print this content. Please contact customer services - www.fx-markets.com/static/contact-us to find out more.

You are currently unable to copy this content. Please contact info@fx-markets.com to find out more.

You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email info@fx-markets.com

You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email info@fx-markets.com