Strong results, including 85% revenue growth and positive EBITDA, position Ebury for IPO ambitions

Financial markets were becoming increasingly comfortable with the idea that the worldwide hiking cycle was over and were beginning to look forward to rate cuts, until Fed chair Powell sounded less convinced at a speech last week. Read more via our report below.

The global environment for foreign direct investment (FDI) has been volatile for some time now with jagged-looking graphs of investment flows to show for it and the recent flare-up of violence in the Middle East will not help calm jittery investor nerves.

Bonds and stocks rallied in tandem worldwide last week on relief at the Federal Reserve’s caution regarding future rate increases, and a general sense that the fastest hiking cycle in history is now over. 

Ebury, the global financial technology company, is delighted to announce that the Central Bank of Brazil has approved its acquisition of Bexs Group.

The escalating war between Israel and Hamas, together with the steady stream of positive surprise from the US economy, drove the dollar higher last week. Read more via our report below.

The US dollar traded in a fairly tight range against most of its peers last week, ending slightly lower against most European currencies, save the pound.

Ebury, the global financial technology firm headquartered in London, has unveiled its new office with a global training centre in Malaga, Spain, to support the growing demand for its international trade solutions and services.

The crisis in the Middle East is for now having a muted impact on major currency trading, which continues to be driven primarily by inflation numbers and central bank communications and decisions.