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Ebury ranked top forecaster for the EUR/CZK pair for a second consecutive quarter in 2023

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18 April 2023

Written by
Matthew Ryan

Head of Market Strategy at Ebury Providing expert currency analysis so small and mid-sized businesses can effectively navigate international markets.

● Ebury was named as the top forecaster for the EUR/CZK pair for the second quarter in a row in Q1.

● Ebury also ranked as the number 2 forecaster for EUR/RON, the Mexican peso (MXN) and the Peruvian new sol (PEN).

Bloomberg’s EUR/CZK Forecast Rankings [Q1 2023]

Image: Bloomberg’s EUR/CZK Forecast Rankings [Q1 2023]

Ebury is proud to announce that it has been ranked the top Bloomberg forecaster for the EUR/CZK pair for the second consecutive quarter in Q1. We were also ranked the number 2 forecaster for EUR/RON, the Mexican peso (MXN) and the Peruvian new sol (PEN).

Ebury attributes its success to the increased emphasis on new markets in Central and Eastern Europe and various initiatives to simplify the global FX market and help its audience understand complex FX developments around the world.

Matthew Ryan, Head of Market Strategy at Ebury, says:

“We are once again delighted to have been named among the top forecasters on Bloomberg for a handful of currency crosses in the first quarter of the year, extending a track record that we are immensely proud of. Our high accuracy in forecasting currency movements in both Central and Eastern Europe and Latin America is particularly pleasing, given Ebury’s growing presence in both regions.

These achievements make us increasingly determined to continue enhancing and broadening our market analysis content, as we strive to better support our client’s knowledge and understanding of the FX market.”

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)

Going forward, Ebury plans to continue strengthening its efforts to produce world-class forecasts across all regions and help its clients navigate FX markets smoothly, even during a highly challenging environment.  

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