BMO in double win with accurate yen forecasts

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Download this week's currency forecasts index

Bank of Montreal has topped both this week's 12-month and one-month currency forecast rankings after predicting that decisive monetary policy in Japan would see the yen continue to weaken.

On February 8, 2013, the Canadian bank predicted EUR/JPY would rise from 124 to 125 in a month's time, accurately reflecting the spot rate on March 11 of 124.93. The bank also forecast that USD/JPY would move from 92.44 to 94 over the month, but the pair exceeded

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