Welcome to the Ebury® Blog
Expert market insight and updates to help you navigate the ever changing global currency markets.
Ebury acquires Prime Financial Markets and establishes presence in Africa
Ebury acquires South Africa-based firm specialising in advisory & intermediary services in treasury and financial markets space
One of the key moves among asset classes during 2021 thus far has been the sharp increase in commodity prices. We outline below how commodities have evolved so far this year, what factors have driven the move higher and the impact that we think it may have on the FX market in the coming months.
The New Zealand dollar soared on Wednesday after the RBNZ suggested that it could start raising interest rates in 2022.
EUR/USD rose to near its strongest position so far in 2021 on Tuesday amid strong European economic data and dovish comments from an FOMC member.
In a week with few moves of note, a hawkish turn by central banks in Eastern Europe stole the spotlight. The G3 PMIs also posted strong rebounds, boding well for the global economic recovery.
UK retail sales jumped sharply higher in April, although currency traders largely overlooked the data.
The dollar bounced back against its major peers on Wednesday following the release of the minutes from the Federal Reserve’s April meeting.
The dollar sank versus its peers on Tuesday morning as investors overlooked last week’s inflation data and bet on ultra-low US for the foreseeable future.
Last week’s jump in US inflation made for a volatile trading week in the FX market, sending the dollar higher against most currencies worldwide.