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Expert market insight and updates to help you navigate the ever changing global currency markets.
Decoding Last Week's Market Moves: Beyond the Trade Headlines
The news last weekend of the massive Trump climb down on Chinese tariffs buoyed the dollar, but the bump soon faded and the dollar ended the week down against all of its G10 peers and nearly all major currencies worldwide.
Dollar sell-off continues as US government shutdown enters 4th week. A no deal Brexit becomes less likely, but chances of a further postponement increase.
Fed Chair Jerome Powell reiterates need for patience on rate hikes. Attention now turns to next Tuesday for the delayed Brexit vote.
Ebury made it to the top of Bloomberg’s FX forecast rankings for EUR/USD as the most accurate currency forecaster for the pair in the 4th quarter of 2018.
US Dollar tanks after FOMC member Bostic hints at interest rate cut. UK Prime Minister May loses another crucial Brexit vote.
Ebury made it to the top of Bloomberg’s FX forecast rankings for EUR/USD as the most accurate currency forecaster for the pair in the 4th quarter of 2018.
May scrambles to win over DUP ahead of Brexit vote. Risk appetite improves as the US and China agree to extend trade talks for a third day.
Euro retraces from best-performing currency on Monday on soft German data. Oil price rebound supports commodity currencies.
Tight FX market ranges hold amid equity market gyrations. UK Parliament returns from recess today, the postponed Brexit vote is scheduled for next Tuesday.