Saxo sweeps up across the board

Saxo Bank triumphed across the timeframes in this week's forecasts index, claiming glory both in the one-month and 12-month rankings.

John Hardy, consulting foreign exchange strategist for Saxo Bank, attributed the bank's success over the longer format to a belief that US problems, most pertinently expressed in JP Morgan's purchase of Bear Stearns on March 17, 2008, would become global. "We already had a view last year that something was wrong in the economy and there was going to be a serious

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