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
What has been behind the recent decline in EUR/USD? May suffered another Brexit defeat while continuing talks with EU leaders over the NI backstop.
Dollar hits 3 months highs on solid US inflation news. Brexit uncertainty, weak GDP growth and underwhelming inflation reduce the chances of a hike.
May asks for more time, Carney warns of no deal ‘shock’. Renewed hopes of a US-China trade deal caused safe havens to lose ground.
Pound slides as UK growth falls to 6 year low. May is to present the progress she has made with the EU today, but hopes are not high.
Dollar bounces back on lack of trade talk progress, Eurozone weakness. UK Parliament to vote on Brexit amendments on Thursday, likely to be delayed.
Bank of England hints at rate hike under orderly Brexit. Weak German industrial production numbers drag Euro down further.
How will today’s Bank of England meeting impact Sterling? Comments from the Reserve Bank of Australia hint at a rate cut in 2019.
Pound sinks on weak PMI data and Brexit uncertainty. The Euro failed to gain on updated revisions of crucial composite index figures.