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
Easing trade tensions between the US and China, strong US inflation lift dollar. UK wage growth at 10 year highs, despite Brexit uncertainty.
Sterling edges off ten-year lows on Italian political concerns. Markets are currently pricing in 2 cuts for the US in 2019, will inflation data change this?
Pound touches fresh two year lows on UK election talk. News of a possible fiscal policy U-turn from the German government boosts euro.
Solid China data boosts CNY, improves risk appetite. Poor industrial production numbers out of Germany add to fears of a prolonged Eurozone slowdown.
RBNZ shocks market with 50 basis point interest rate cut. Global trade tensions are pushing more central banks to more accommodative policies.
Emerging market currencies, led most notably by the Chinese yuan, sold-off sharply against the US dollar on Monday.
With global politics affecting foreign currency rates, FX risk management is a must for businesses.
Federal Reserve’s ‘hawkish cut’ boosts dollar. Disappointing core inflation and PMI figures add to the negative news for the euro.