We are delighted to announce that Ebury has soared to the top of Bloomberg’s forecast rankings for the key EUR/USD pair!
This marks the seventh occasion in the last ten quarters that we have been named among the top ten forecasters for the highly competitive EUR/USD cross. We finished above 62 other eligible forecasters last quarter, including all of the world’s major commercial and investment banks.
Figure 1: Bloomberg’s EUR/USD Forecast Rankings [Q4 2020]
Enrique Diaz-Alvarez, Chief Risk Officer at Ebury, says:
“Ebury is once again the top forecaster for the world’s most important currency pair. This is a seminal achievement for our Strategy team, and I congratulate Matthew Ryan and Roman Ziruk for their outstanding work in securing this ranking.”
FX forecasters are ranked based on three rigorous criteria:
- Margin of error
- Timing (for identical forecasts, earlier ones receive more credit)
- Directional accuracy (movements with the currency’s overall direction).
📩 Click here to subscribe to our latest market insight and updates to help you navigate the ever-changing global currency markets. Or head to our Blog to read our latest Market Update.
🎙 You can also listen to our FX Talk podcast on Spotify or Google Podcast.