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
This week has been a volatile one in the FX market and we expect more of the same today with the release of US retail sales data for April.
Parallel Forwards allow businesses to hedge CNY risk while settling in USD equivalent. The solution aims to help businesses establish long-term supply chain relationships in China and continues Ebury’s continued dedication to lubricating global business flows.
A much weaker-than-expected US labour report weighed on the dollar on Friday, which sold-off against most major and emerging market currencies.
As is often the case at month end, portfolio rebalancing by asset managers brought a lot of random volatility to currency markets last week.
How has Covid-19 affected the BRICS countries? Read our latest Special FX Forecast report
Most major currencies traded within a rather narrow band on Monday as investors awaited major newsflow later in the week.
The dollar fell against almost every other G10 currency last week ahead of this Wednesday’s Federal Reserve meeting.
UK retail sales surged higher in March, while the ECB held fire and offered little new information during its press conference on Thursday.