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Expert market insight and updates to help you navigate the ever changing global currency markets

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26

Oct

All posts|Currency Updates

G10 currencies in holding pattern ahead of US elections

M

ajor currencies spent much of last week in a tight range ahead of next week’s US elections. Attention in the coming days will be on the latest polls and policy meetings from the European Central Bank and Bank of England.

Written by
Enrique Díaz-Álvarez
Euro

The euro rallied this morning following a better-than-expected set of PMI data. Sterling also looks set to end the week higher as Brexit talks get back under way.

Matthew Ryan 23 October 2020 3 min

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Upbeat comments from chief Brexit negotiator Michel Barnier supported the pound yesterday, as did a report from Bloomberg suggesting that talks between the EU and UK will resume in the coming days.

Matthew Ryan 22 October 2020 2 min

Our payments spotlight series turns to Portugal. The Portuguese economy has seen many challenges since the 1999 Euro launch and is now facing the impact of a possible 2nd spike of Covid-19 cases. Our payments specialist, John Moran, takes us through the journey and what lessons from the past might now be worth heeding.

John Moran 21 October 2020 4 min read

At Ebury we still see clients fall victim to scams. As scams can be difficult to recognise, we want to do our part to raise awareness and help keep our clients safe.

Sharon Thiart 20 October 2020 2 min

US Dollar slips ahead of key nonfarm payrolls report

The dollar bounced back last week as markets grew increasingly confident of a Democrat clean sweep at next month's US presidential election.

Enrique Díaz-Álvarez 19 October 2020 3 min

The US dollar has outperformed so far this week, as investors flock to the safe-havens amid a tightening in virus restrictions across the European continent.

Matthew Ryan 16 October 2020 2 min

November’s US Presidential Election is expected to be the major event risk in the currency markets between now and the end of the year.

Matthew Ryan 13 October 2020 7 min

Risk assets rallied and the dollar sold-off last week on renewed hopes for a large fiscal stimulus package in the US. Attention this week will be firmly on the latest US election polls and the ongoing Brexit negotiations.

Enrique Díaz-Álvarez 12 October 2020 3 min

Election, debate US

The US dollar was set for another week of losses this morning as Democrat Joe Biden extended his lead in the latest election polls. Meanwhile, the euro and sterling both rallied, despite rising COVID-19 cases in Europe.

Matthew Ryan 9 October 2020 3 min