FX Strategists Hit Back Against Forecasting Charges
RESEARCH AND COMMENTARY
Foreign exchange strategists last week hit back at comments from Federal Reserve chairman Alan Greenspan, who recently said that FX forecasting is the least accurate in economics.
In his testimony to the Senate Banking Committee last month, Greenspan said, "There may be more forecasting of exchange rates, with less success, than almost any other economic variable."
However, David Bloom, currency strategist at HSBC in London, found that while FX forecasts on the dollar deviate by around 10 per
More on Research & Commentary
Waters Wavelength
Waters Wavelength Podcast Episode 88: CBOE's Bryan Harkins, SEC Hack, Esma Proposal
Bryan Harkins joins to discuss how the CBOE-Bats integration is going and plans for the exchange operator going forward. Anthony and James talk about the SEC hack and Esma's potential new powers.
Subscribe to Weekly Wrap emails
Back to Top