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Alfie Moon

Halifax Index

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Forex Calender are forecastingguessing a +0.4% rise. Not surprising after the -3.6% drop last month.

Still hoping for a fall mind.

fixed.

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And Daily FX are forecasting/guessing a +0.6% rise. See:

http://www.dailyfx.com/calendar?tz=&sort=date&week=2010%2F1031&eur=true&usd=true&jpy=true&gbp=true&chf=true&aud=true&cad=true&nzd=true&cny=true&high=true&medium=true&low=true

Both were very wide of the mark last month.

Any ideas how they arrive at their forecast figures?

Edited by Alfie Moon

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And Daily FX are forecasting/guessing a +0.6% rise. See:

http://www.dailyfx.com/calendar?tz=&sort=date&week=2010%2F1031&eur=true&usd=true&jpy=true&gbp=true&chf=true&aud=true&cad=true&nzd=true&cny=true&high=true&medium=true&low=true

Both were very wide of the mark last month.

Any ideas how they arrive at their forecast figures?

Pick it out of a hat.

I know bloomberg forecasts are median figures of a number different economists forecasts. But you never seem to see the bloomberg forecast until after the event.

Edited by Pent Up

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Pick it out of a hat.

Yes, probably in effect, but it would be interesting to get some insight about how they arrive at their forecast figure.

Edited by Alfie Moon

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  • 150 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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