Sharp moves hit 3m forecasts


Banks contributing to the index were an average of 95.77% accurate on their forecasts submitted on April 23, and tested against spot rates on July 26. This is the lowest aggregate accuracy rating on the index since May, when the dollar hit a series of unforeseen highs, and sent forecasting accuracy tumbling below 95% for the entire month.

Last week’s difficulties were also down to surprise dollar strength as most currencies weakened sharply against the greenback.

Euro/dollar, trading at around 1

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 -, or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to FX Markets? View our subscription options

You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: