An unprecedented stimulus announcement from the Federal Reserve halted the dollar rally in its tracks. While the comprehensive package should help support equities and drive down treasury yields, it has allayed fears of a dollar funding crisis in the market.

Euro Area and UK PMI data provided the first insight into the impact of the coronavirus containment measures.

The coronavirus pandemic continues to wreak havoc on financial markets worldwide. Oil dependent countries were the worst hit but every major currency has been affected.

In order to preserve the security of its employees and continue to provide high quality financial services to its customers, all of Ebury’s offices and operations have moved to remote working.

Monetary authorities around the world are continuing to battle hard to combat the economic risk posed by the coronavirus pandemic.

The Bank of England surprised the market again, ramping up its stimulus measures as it attempts to allay the impact of the COVID-19 virus on the UK economy.

Currency markets continue to be extremely volatile with Sterling crashing to a 35 year low. Plus, the ECB announces massive stimulus programme.

Ebury are pleased to announce our new partnership with Crédito Agrícola - the first time a Portuguese bank has partnered with a fintech.