August trading floors forecasters


Euro/dollar, for example, has moved nearly four big figures since close on July 30, to hit 1.2362 last Monday (August 16). Dollar/yen's high of 111.82 on August 5 dropped to 109.33 by August 18. But the biggest August mover has been the Swissie, which closed at 1.2815 on July 30, and dropped to 1.2385 on August 13.

In this climate, the three-month forecasts index at 95.48% is at its lowest accuracy rating since May, when euro/dollar moved nearly six big figures in just one week. In contrast

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