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Ebury named #2 EMEA and LatAm FX forecasters on Bloomberg!

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5 July 2023

Written by
Jigna Shah

Content Marketing Lead

– Ebury ranked #2 for the EMEA and LatAm regions.
– Ebury topped the charts for three currency pairs: EUR/CZK, EUR/RON, and USD/RON.

E
bury is proud to announce that it has once again performed exceptionally well in the latest Bloomberg FX forecast accuracy rankings.

We ended the second quarter of 2023 as the second most accurate forecaster for both EMEA (Europe, the Middle East and Africa) and Latin America regions. This achievement is a perfect testament to Ebury’s growing expertise and speciality in both areas, along with an increased focus on overall emerging markets.

Here are the highlights of our recent achievements:

  • Ranked among the top forecasters for nine different currency pairs in Q2 2023.
  • For European currencies, we emerged as the top forecaster for the Czech Koruna (CZK) (vs the EUR) and the Romanian Leu (RON) (vs both EUR and USD). Named fourth most accurate forecaster for the Hungarian Forint (HUF).
  • On the Asian currencies, we ranked #2 for Singapore Dollar (SGD) and narrowly missed out on the top spot.
  • Coming to the South American currencies, placed #2 for the Chilean Peso (CLP) and Peruvian New Sol (PEN). Named fourth most accurate forecaster for the Mexican Peso (MXN).

Commenting on this continuous success, Matthew Ryan, Head of Market Strategy, said:

“EMEA and LatAm economies play a pivotal role in the global economy and offer significant opportunities to businesses worldwide. Combining our robust forecasting methodology, deep understanding of our client’s needs and proactive approach to staying on top of market movements has enabled us to present a holistic view of the global FX market and help clients navigate global complexities.”

As we move forward, we remain committed to delivering insightful analysis and staying at the forefront of the ever-evolving FX market to help our clients make informed and confident choices when transacting internationally.

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