Ebury secures its best performance in Bloomberg’s FX forecast rankings
By Joy Dumasia
Ebury, a global FinTech and FX risk management specialist, has once again secured positive rankings in the latest Bloomberg FX forecast rankings in one of its best performances to date. Bloomberg’s rankings are based on three rigorous criteria: margin of error, timing and directional accuracy.
Ebury was named one of the five top forecasters for 12 different currency crosses in Q2 2021 and continues its strong performance in Emerging Markets. This includes a top-ranking position for the US Dollar (USD) and Chilean Peso (CLP) cross.
Ebury ranked as the second most accurate forecaster for the USD and South African Rand (ZAR), and the Euro (EUR) crosses with the Russian Ruble (RUB), Romanian Leu (RON) and Japanese Yen (JPY).
Ebury also maintained its good recent track of forecasting the Mexican Peso and the Swedish Krona and, for the first time, secured rankings for the Norwegian Krone and Czech Koruna.
Matthew Ryan, a Senior Market Analyst at Ebury, said: “We are delighted to have been recognised by Bloomberg yet again as one of the market’s most accurate FX forecasters. Our deep understanding of FX risk management, and specialist knowledge of emerging markets, allows Ebury to provide a unique service to our clients in support of their activities across international trade and international payments and collections.”
Recently, IBS Intelligence reported that Ebury, a global FinTech, has announced the appointment of Anne-Sophie Matthieu as the new Country Manager of its French division. Anne-Sophie will be charged with executing Ebury’s international strategy by accelerating the company’s growth in France, drawing on her experience and knowledge of the global banking system.