With this grant Ebury will create the UK’s most comprehensive online digital platform for an SME’s international trade and working capital needs

The euro and sterling both sold-off hard on Monday as European government begin formulating plans to tighten restrictions in order to halt the second wave of virus infection evident across much of the continent.

While the Federal Reserve's September meeting had been the focus last week, the FOMC didn't surprise investors and the market impact was muted.

The dollar rallied on Wednesday, despite the Federal Reserve indicating that it sees unchained US rates through at least 2023. Attention now turns to this afternoon’s Bank of England policy announcement.

This evening’s FOMC meeting looks set to be the main event risk in the currency market this week. Read on to find out how the Fed’s policy announcement could impact the FX market.

The pound edged higher against its major peers this morning after MPs voted in favour of Boris Johnson’s controversial Brexit bill. All eyes now turn to major central bank policy announcements later in the week.

Since the FOMC’s last official meeting in late-July, the Federal Reserve has unveiled one of the most significant changes to its monetary policy strategy in the last few decades.

Like a sequel to a bad horror movie, the latest episode in the Brexit saga is reviving fears of a complete breakdown of Brexit negotiations and the attendant economic and financial chaos. The main victim was the pound, down over 3% against every major currency worldwide.