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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
The euro sold-off against its major peers on Wednesday following some unexpectedly dovish comments from a European Central Bank member.
The UK hit a grim milestone of 100,000 COVID-related deaths on Tuesday, but sterling continued to rally as investors remain impressed by Britain’s vaccination progress.
The US dollar fell again last week as investors favoured riskier assets. Sterling continued to hold its own amid the UK’s rapid vaccine rollout.
Thursday’s ECB meeting was largely a non-event for currency markets. Meanwhile, sterling continued to hold its own, with investors encouraged by the UK’s rapid vaccination progress.
The euro and sterling both rallied against a broadly weaker US dollar on Wednesday ahead of today’s presidential inauguration ceremony.
Will US Treasury Secretary nominee Janet Yellen talk up the need for greater fiscal stimulus today?
The dollar managed to rally against most of its major peers last week, aside from sterling that has benefitted from the UK’s rapid vaccination progress. Attention this week now turns to Thursday’s ECB meeting.
President-elect Biden announced plans for a massive US stimulus programme on Thursday, although the dollar fell after dovish comments from Fed chair Powell.