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Expert market insight and updates to help you navigate the ever changing global currency markets
3
Dec
All posts|Currency Updates
Dollar slides to new lows on US stimulus hopes
he dollar continued to sell-off against its major peers on Wednesday amid vaccine optimism and signs that more US fiscal stimulus may be on the way. ( 2 min )
The US dollar fell to a two-and-a-half year low versus its major peers on Monday amid improving risk sentiment and expectations for more Federal Reserve easing.
We are excited to announce our partnership with Cobase which means that Ebury's FX services are now integrated into the Dutch fintech's multibank platform.
The US dollar retreated against its major peers last week, while emerging market currencies rallied across the board, amid euphoria surrounding news of multiple COVID-19 vaccines.
We are delighted to have won the award for "Best International Payments, Remittance or use of FX" at the Emerging Payment Awards for the second time.
The dollar continued to lose ground versus its major peers on Wednesday as investors favoured riskier currencies following news of progress towards multiple COVID-19 vaccines.
We are excited to announce our partnership with TrustBills, a german Fintech leader in Europe. This new partnership will mutually enhance both companies’ product offering and aims to make international trade easier for clients.
The US dollar nursed losses versus most of its major peers on Wednesday morning, with recent positive COVID-19 vaccine news causing investors to favour higher risk currencies.
Encouraging news of progress towards a third COVID vaccine supported risk assets yesterday morning, particularly sterling that rose to its strongest position since early-September.
Risk currencies rallied across the board last week, buoyed by positive news of progress towards multiple COVID-19 vaccines.