– Directional accuracy (movements with the currency’s overall direction). – Timing (for identical forecasts, earlier ones receive more credit) As such it is a significant achievement for Ebury´s strategy department.”įX forecasters are ranked based on three rigorous criteria:
“Bloomberg gathers and ranks the currency forecasts of over 60 institutions, including all of the major investment banks and strategy services worldwide. Current exchange rate EURO (EUR) to TURKISH LIRA (TRY) including currency converter, buying & selling rate and historical conversion chart. We finished above 61 other eligible forecasters last quarter, including all of the world’s major commercial and investment banks.Įnrique 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. It also marks the sixth occasion in the last nine quarters that we have been named among the top ten forecasters for the highly competitive EUR/USD cross. Spending by the ever-reliable US consumer is about to fizzle out, according to a Bloomberg investor survey. This achievement follows on from our number one and number two EUR/USD rankings in Q4 2018 and Q2 2019 respectively. US Dollar to Thai Baht conversion Last updated Sep 10, 2023, 15:44 UTC.
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Ebury announces that it has once again been ranked among the most accurate forecasters for the key EUR/USD pair.Įbury was named as the second most accurate forecaster on Bloomberg for EUR/USD for Q3 2020. We use the mid-market rate for our Converter.
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