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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
As the US election and Biden's victory receded into the background, the big news last week was the very promising results in a COVID vaccine trial. Markets reacted euphorically on Monday.
EUR/USD moved back below the 1.18 level yesterday as investors continued to fret about the economic impact of rising virus case numbers in the European continent.
The dollar steadied on Wednesday as US virus cases jumped to a fresh record high and optimism surrounding the Pfizer COVID vaccine began to wane.
The COVID-19 pandemic has hit the Latin American region particularly hard since the onset of the crisis. Read on to find out how Brazilian Real, Chilean Peso, Colombian Peso, Mexican Peso and Peruvian New Sol have been affected.
The US dollar sold-off last week as Joe Biden won the US presidential election. Meanwhile, sterling underperformed after a dovish Bank of England announcement.
The US dollar continued to sell-off sharply on Thursday as markets grew increasingly confident that Joe Biden had done enough to win the 2020 presidential election.
The big uncertainty among investors going into this year’s US presidential election has come to pass - a knife-edge vote where the result has been delayed and the outcome will almost certainly be contested.
We expect some fairly sharp moves in financial markets in the next 48 hours or so, as more ballots are counted and investors get a clearer picture as to who has actually won.