Unveiling 2024: Market Outlook and Key Trends Get your free copy

Ebury named third most accurate EUR/GBP forecaster on Bloomberg

( 2 min read )

  • Go back to blog home
  • All posts
    All posts|Currency Updates
    All posts|Currency Updates|International Trade
    All posts|International Trade
    Central Bank Meetings
    Charities & NGOs
    Currency Updates
    Currency Updates|In The News
    FX 101
    In The News
    International Trade
    Press Release
    Product Update
    Security & Fraud
    Special FX Reports
    Special Report
    Weekly Market Update
  • Latest

5 April 2024

Written by

Ebury has yet again been named among the top forecasters in Bloomberg’s latest FX accuracy rankings.

e were ranked in the top three most accurate forecasters for five different currency pairs in the first quarter of the year, including the impressive feat of securing the number 3 spot for the EUR/GBP cross! This is not only one of the most heavily traded currency pairs in the world but, with a total of 50 eligible forecasters, one of the most competitive in Bloomberg’s FX rankings.

This achievement can be ascribed to our on the money calls for EUR/USD and GBP/USD. We correctly predicted near-term downside in both currency pairs, at a time when most analysts were revising their projections upwards, with the two exchange rates ending the quarter within 1% of our Q1 forecasts.

Elsewhere, we remained among the top forecasters for the Polish zloty (PLN), landing the number 3 spot for PLN against both the euro and the US dollar, repeating similar successes from Q4. We were also named as the most accurate forecaster for the Peruvian new sol (PEN) for the third straight quarter, while regaining the #2 spot for one of our long-held favourites, the Singapore dollar (SGD).

See below for a full list of all our Q1 2024 rankings:


📩 Get the latest Market Insights and updates by subscribing here.
Visit our Blog or listen to our FX Talk podcast for in-depth discussions on foreign exchange trends and strategies.