Ebury secures one of its best performances in Bloomberg’s FX forecast rankings
Ebury, a global FinTech and FX risk management specialist, has again secured positive rankings in the Bloomberg FX forecast rankings, recording one of its best performances to date.
Ebury was named as one of the five top forecasters for 12 different currency crosses in Q2 2021 and continues its strong performance in Emerging Markets. This includes a top-ranking position for the US Dollar (USD) and Chilean Peso (CLP) cross.
Alongside that, Ebury also ranked as the second most accurate forecaster for the USD and South African Rand (ZAR), and the Euro (EUR) crosses with the Russian Ruble (RUB), Romanian Leu (RON) and Japanese Yen (JPY).
Ebury also maintained its good recent track of forecasting the Mexican Peso (No3 vs USD) and the Swedish Krona (No3 vs USD, No4 vs EUR), and for the first time ever secured rankings for the Norwegian Krone and Czech Koruna.
Bloomberg’s rankings are based on three rigorous criteria: margin of error, timing and directional accuracy. Full rankings are listed below.
Matthew Ryan, Senior Market Analyst at Ebury, says: “We are delighted to have been recognised by Bloomberg yet again as one of the market’s most accurate FX forecasters.
“Our deep understanding of FX risk management, and specialist knowledge of emerging markets, allows Ebury to provide a unique service to our clients in support of their activities across international trade and international payments and collections.”