BBVA keeps being ranked the world's number one Euro Dollar forecasting house for the 12 month period to the end of June 2013. The bank has maintained this position since March 2013.

 BBVA has topped again the Bloomberg poll for the world's dominant cross rate, ahead of the other 67 banks and institutions which took part in the survey.

In addition to retaining this position, BBVA had an excellent performance in Asia, where the bank has become Number 1 forecaster over the past year for USDCNY (USD Renimbi), and ranked in the top ten for USDJPY, at Number 8. Lastly, the bank ranked 4 in NZDUSD forecasting.

Peter Frank, BBVA Research G10 FX Chief Strategist, has shown his satisfaction regarding these results, and claims that, in an increasingly competitive FX market, BBVA will keep working to maintain this position in the future.



Best EURUSD forecasters 2Q2013

1. Banco Bilbao Vizcaya Argentaria
2. Banco Santander
3. Macquarie Bank
4. MPS Capital Services
5. Credit Agricole
6. BMO Capital Markets
7. Monex Europe
8. Commonwealth Bank of Australia
9.  Rabobank
10. Banca Aletti & C Suisse

 

Best USDCNY forecasters 2Q2013

1. Banco Bilbao Vizcaya Argentaria
2. Banco Santander
3. Macquarie Bank
4. MPS Capital Services
5. Credit Agricole
6. BMO Capital Markets
7. Monex Europe
8. Commonwealth Bank of Australia
9.  Rabobank
10. Banca Aletti & C Suisse
Source: Bloomberg