Welcome to the Ebury® Blog
Expert market insight and updates to help you navigate the ever changing global currency markets.
Fading trade deal euphoria deals the US dollar a blow
Last week of the massive Trump climbdown on Chinese tariffs buoyed the dollar but the bump faded
Euro crashes to four month lows ahead of Powell testimony. Markets continue to rebound on easing concerns regarding coronavirus.
US dollar rallies as coronavirus fears abate. Last weeks non-farm payrolls report showed a strong bounce in job creation in the US.
Coronavirus fears ease, US dollar rallies on strong data. A dovish statement from Lagarde and underwhelming retail sales put pressure on the euro.
Equity markets, risk assets rally on easing virus fears. Sterling rallies on revised January services PMIs, and removal of short term ‘no-deal’ uncertainty.
What has been behind this week’s rally in the dollar? Johnson has stated that he would rather a ‘no-deal’ than meet the EU’s key demands.
Coronavirus fears slam financial markets worldwide. The BoE disappointed markets by keeping rates unchanged, with Carney striking an optimistic tone.
There are a few red flags to look out for when paying a supplier or beneficiary for the first time. and each warrants further investigation.
Bank of England voted to keep interest rates unchanged in Mark Carney’s final meeting as governor of the central bank.