NAB finds reason for celebration

National Australia Bank has surged to the top of the three-month forecast rankings, a fitting move in a week that saw the celebration of Australia Day.

Regional knowledge played its part in the bank's success, as John Kyriakopoulos, head of currency strategy at nabCapital in Sydney, explained that NAB was ahead of the curve in predicting repatriation flows into Japan.

"Our geographic location allowed us to pick up a moderation in Japanese investment trust flows abroad, which was a precursor to

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