Saxo Bank's John Hardy Named Top Currency Forecaster Among FX Week Contributors

COPENHAGEN, Denmark, January 4, 2016 /PRNewswire/ --

Saxo tops forecast tables following a number of successful calls 

Saxo Bank, the online multi-asset trading and investment specialist, has today been named as the most successful forecaster among over 30 of FX Week's regular contributors this year.

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.

For more information about the work done by SaxoStrats, please visit: https://www.tradingfloor.com/saxostrats/how-to-all

https://youtu.be/iCrpy5DmUHQ

About Saxo Bank 

The Saxo Bank Group (Saxo) is an online multi-asset trading and investment specialist, offering a complete set of trading and investment technologies, tools and strategies.

A fully licensed and regulated bank, Saxo enables private and institutional clients to easily trade multiple assets from a single margin account on multiple devices seamlessly.  

Saxo's award winning trading technology platforms are available in more than 20 languages and form the technology backbone of more than 100 financial institutions worldwide.

Saxo also offers traditional banking services through Saxo Privatbank in select markets.

Founded in 1992 and headquartered in Copenhagen, Saxo employs 1500 people in 25 offices across the five continents.

SOURCE Saxo Bank