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
US Dollar gains as investors unwind bearish FOMC bets. Sterling briefly appreciated on Monday afternoon on positive no deal Brexit news.
Dovish Fed boosts EM currencies as Sterling plummets on hard Brexit fears. Nissan announces that it's cancelling plans to manufacture in the UK.
Euro slides as Italy enters into first recession in 5 years. Sterling slides as the latest PMIs suggest that Brexit is having an impact on UK businesses.
Federal Reserve signals rate hike cycle may be at an end. Theresa May returns to EU leaders to find an alternative to the NI ‘backstop’.
Pound slides as MPs vote in favour of renegotiating NI ‘backstop’. The Fed will release it’s latest policy announcement this evening.
US Dollar eases back ahead of Fed meeting. MPs to vote on amendments to Theresa May’s Brexit bill today, with any strong support likely to move Sterling.
End of US government shutdown provides no help for Dollar. Another dovish statement from Draghi lowers expectations of an interest hike for the EU.
Euro lower after ECB states growth risks ‘moved to the downside’. Support for the Pound on news that the DUP could back May’s Brexit plans.