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Ebury named #1 forecaster for 3 different currency pairs!

( 5 min. read )

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6 October 2021

Written by
Matthew Ryan

Head of Market Strategy at Ebury Providing expert currency analysis so small and mid-sized businesses can effectively navigate international markets.

  • Ebury was named as the number one forecaster for the Russian ruble, Norwegian krone and Czech koruna in Bloomberg’s latest FX rankings. 
  • Also ranked as the second most accurate for three other Emerging Market (EM) currencies versus the USD, and the third most accurate for USD/JPY.
E
bury has been named among the top forecasters for seven different currency crosses in Bloomberg’s FX forecast accuracy rankings for Q3 2021.

We have been listed as the most accurate contributor for three different currencies versus the euro: the Russian ruble (RUB), Norwegian krone (NOK) and Czech koruna (CZK). For the second consecutive quarter, we were also named as the number two forecaster for the South African rand (ZAR) and Chilean peso (CLP), while just missing out on the top spot yet again for the Mexican peso (MXN).

For the first time since 2015, we have also been named among the top three forecasters on Bloomberg for the highly competitive Japanese yen (JPY), finishing above 52 other contributors, including many of the world’s leading commercial and investment banks. Bloomberg’s rankings are based on three rigorous criteria: margin of error, timing and directional accuracy.

 

Full list:

#1 EUR/NOK

#1 EUR/RUB

#1 EUR/CZK

#2 USD/ZAR

#2 USD/MXN

#2 USD/CLP

#3 USD/JPY

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