Monthly Forecasts Since June 2014
We forecasted that the pair most likely to change in value significantly during the month of August would be EUR/GBP, which we expected would fall in value. We were correct, the result was as follows:
We forecasted that during July, it was probable that EUR/CAD would fall. The cross fell by a total of -0.06% during the month.
We made this forecast with one day of June remaining, and on that remaining day prices moved significantly. Therefore, we revised our forecast to say that the pair most likely to change in value during the month of July was USD/CAD, and not EUR/CAD. USD/CAD actually rose in value by a total of 2.66%.
The results for June’s forecasts were as follows: