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
Trump's penchant for injecting volatility in financial markets through intemperate tweets has so far created two-way range-bound markets in G10 currencies, although emerging market currencies have had a tougher time.
Sterling rose by almost one percent against the US dollar during London trading on Thursday, with investors latching onto comments from EU leaders regarding the possibility of a solution to Brexit.
Strong Customer Authentication (SCA) is going to be implemented across EU member states on the 14th of September 2019, and is part of the PSD2.
Will FOMC Chair Jerome Powell hint at more rate cuts today? Italian Prime Minister Conte resigns, currency markets don’t react
Sterling rallied by around three-quarters of a percent against the US dollar yesterday afternoon on what proved to be short-lived optimism regarding the possibility of a solution to the Brexit saga.
US dollar rises on talk of White House tax stimulus. Investors refocus on ‘no deal’ Brexit concerns, putting pressure on Sterling.
US dollar firms on impressive retail sales numbers. UK retail sales come in above average, boosting sterling back above GBPUSD 1.21.
US yield curve inverts, is a recession on the way? Inflation in the UK has risen above the Bank of England’s 2% target, sterling remains range bound.