The Thomson Reuters StarMine awards for foreign exchange rates recognise the firms and forecasters who provided the most accurate predictions of FX rates in Reuters Polls during 2017.

Awards for foreign exchange are based on performance providing one-month forecasts to Reuters Polls for individual FX rates, grouped by major and emerging market currency pairs. Regional emerging market currency groups are: Asia, Central and Eastern Europe, Latin America.

Reuters Polls are the world's leading surveys of professionals, widely cited by researchers, investors and policymakers around the globe.

MUFG ranked first in Majors FX which covers the following pairs, EUR/USD, GBP/USD, USD/JPY, USD/CAD, AUD/USD, NZD/USD, USD/CHF, USD/ZAR.

MUFG also ranked first in TRY, second in RUB and tenth in Asia.

European Head of Global Markets Research, Derek Halpenny, said:

"We always strive to provide MUFG's clients with research containing interesting and in depth analysis. Coming 1st in the Reuters FX poll in 2017 adds accuracy into the fold which is a great achievement for us."