Magic and myth: Testing the best FX forecasters
Jul 23, 2015
Magic and myth: Testing the best FX forecasters
CT conducted a test to find out which banks called US dollar movement over six months accurately. The results were interesting.
In its 2015 CFO Outlook Asia* research report published in June, Bank of America Merrill Lynch (Baml) revealed that out of 630 financial executives from companies dotted all over Asia, the most pressing concern over the next year was navigating financial market risk – foreign exchange (FX) volatility and interest rate movements.
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