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Reading the signals

Since the breakdown of the Bretton Woods agreement in 1971, currency traders and academics have searched for an economic theory that provides reliable exchange rate forecasts – all to no avail. But Fortis’ Mark Lundin believes he has circumvented the problem with a hybrid approach.

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Mark Lundin’s plans to build a foreign exchange forecasting model were nearly squelched by the very market forces he was trying to tame. Lundin is now head of quantitative research at Fortis Investment Management (FIM) – the Brussels-based asset management arm of the European financial services provider. Promotion to this position came just over a year ago.

But Lundin had originally signed up

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