Markets continue to celebrate the apparent defeat of inflation by sending stock markets worldwide to fresh all-time highs.

Our FX 101 series provides a strong foundation of knowledge and terminology to better understand the more in-depth discussions and analysis covered in our regular episodes of FX Talk. By offering a range of topics and insights, FX 101 helps you build a solid understanding of FX and its complexities, and ultimately serves as a starting point in doing business without borders.

The dominant theme in currency markets in 2024 has been US economic strength, which is forcing markets topush back the timing of Federal Reserve rate cuts and is helping the dollar unwound most of the losses it suffered in late-2023.

The ECB left its options open last week. This one will test our view that central banks in the US and the UK need more time before embarking on a rate-cut journey.

It has been our view for some time now that traders were getting ahead of themselves pricing in central bankcuts generally, and particularly so in the case of the Federal Reserve.

Ebury are today delighted to announce a partnership with Rangers Football Club that will see us become the club’s Official FX Transfer partner.

Our FX 101 series provides a strong foundation of knowledge and terminology to better understand the more in-depth discussions and analysis covered in our regular episodes of FX Talk. By offering a range of topics and insights, FX 101 helps you build a solid understanding of FX and its complexities, and ultimately serves as a starting point in doing business without borders.

Last week was remarkable in how little major currencies moved.