Press Release

Saxo Bank’s John Hardy named top currency forecaster among FX Week contributors

Anticipating macro trends and the relative policy trajectory among central banks helped Saxo Bank to top currency forecast tables throughout the year with on-target calls for G10 currency pairs.

Commenting on the win, John. J. Hardy, Saxo Bank's Head of FX Strategy, said: "We are delighted that Saxo Bank continues to be recognised for its leadership in market insight."

Looking towards 2016, Hardy added: "For the U.S. dollar, we see 2016 as all about the pace of Fed rate hikes. It has been priced in as very slow but the market is never right, so either it's going to be a lot faster than market expectations, or we'll be looking at more QE. I prefer the USD to outperform on a Fed that is behind the curve."

Published since 1990, FX Week is the industry's exclusive newsletter for foreign exchange and money market professionals working within commercial banks, investment banks, central banks, brokerages, institutional investors, multinational corporations and vendor companies serving the banks and financial institutions.

Being part of SaxoStrats, John J. Hardy and the team of strategists inform and inspire on matters of trading and market updates as they happen.

"It is a great stamp of approval of the research done by SaxoStrats and we will continue to deliver first class trade strategies and insights to both existing clients and traders and investors globally," said Claus Nielsen, Head of Markets in Saxo Bank.

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