Ebury ranked #2 EUR/USD forecaster on Bloomberg
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We are delighted to announce that Ebury has once again been ranked among the most accurate forecasters for the key EUR/USD pair.
Figure 1: Bloomberg’s EUR/USD Forecast Rankings [Q3 2020]
Enrique Diaz-Alvarez, Chief Risk Officer at Ebury, says:
“Being ranked as the number two forecaster for the most important exchange rate in the world, euro vs US dollar, is a significant achievement. Bloomberg gathers and ranks the currency forecasts of over 60 institutions, including all of the major investment banks and strategy services worldwide. As such it is a significant achievement for Ebury´s strategy department. Well done Matthew and Roman!”
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).
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