Merk Funds has recently released a white paper entitled "
G10 Currencies: A Monetary Policy Analysis" where they analyzed G10 currencies and gave a "Merk Monetary Score" to each of those.
The Merk Fiscal Score and a Merk Economic Score are aggregated together with the The Merk Monetary Score into an overall Merk Currency Score
In this 7-page white paper, they explains their methodology and the Merk Monetary Policy Score eventually ranks monetary zones as follows:
- Australia
- Canada
- New Zealand
- U.S.
- Sweden
- Euro Area
- Norway
- Japan
- UK
- Switzerland
The best currencies in terms of monetary policy would then be the Australian dollar and the Canadian dollar and the worst currencies the British pound and the Swiss franc.
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