Ebury ranked the most accurate currency forecaster for ZAR, PEN, THB and RUB Q1 2017
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6 April 2017
Global Marketing Executive at Ebury, Masters in Management Graduate from Cass Business School, London.
We’re delighted to have ranked highly in Bloomberg’s latest FX forecast accuracy rankings for Q1 2017 following on from similar success in 2016, repeatedly securing the top spot for key emerging market currencies.
T
he fact that we ranked first for the South African Rand (ZAR), Peruvian New Sol (PEN), Thai Baht (THB) and Russian Ruble (RUB), in particular, reflects our dedication to helping businesses thrive in both developed and emerging markets and understand the factors driving volatility in their currency pairs. We use this currency insight to tailor risk management strategies and proactively inform clients about market moves, such as the removal of the EUR/CZK currency cap by the Czech National Bank on 6th April 2017.
‘FX forecasters are ranked based on three criteria: margin of error, timing for identical forecasts, earlier ones received more credit and directional accuracy movements with the currency’s overall direction.’
– Wei Lu, Bloomberg
Bloomberg FX Forecast Accuracy Ranking – Africa Q1’2017
Bloomberg FX Forecast Accuracy Ranking – LatAm Q1’2017
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Bloomberg FX Forecast Accuracy Ranking – Emerging Asia Q1’2017
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Bloomberg FX Forecast Accuracy Ranking – Europe Q1’2017
, Interested in how our currency expertise can benefit your business?
Contact our team today.
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