La Banque Postale has entered into a partnership with Ebury to offer its SME customers an open banking solution to support their international activities including options to carry out spot foreign exchange transactions and make secure international transfers.

The diverging vaccination progress between the US and Europe continued to weigh on EUR/USD on Tuesday morning.

The euro fell to its lowest level since mid-November last week as investors grew increasingly concerned with rising virus cases in Europe.

Sterling fell to six-week lows versus the US dollar on Wednesday morning. The euro also lost ground, despite better-than-expected PMI numbers out of the common bloc.

We hope this article gives you an overview of the current Fraud & Security threats we face at this time. Remember, Ebury will never contact you without explanation to change its bank details. We would always provide significant notice of such a change.

Risk currencies lost ground against the US dollar on Tuesday morning as investors grew concerned about a third wave of virus infection in Europe.

The openly inflationist stance adopted by the Federal Reserve boosted emerging market currencies last week, with most ending higher versus the US dollar.

This Wednesday’s FOMC meeting will be the main event risk in the FX market this week.