Ebury continues its international expansion by entering into an agreement to acquireArcaPay, providing a foothold in the Baltic and Finnish markets. Group financial results underline continued revenue and profitability growth trajectory

The relentless dollar rally continued for yet another week, fuelled by sharply higher bond yields in the US and signs that the world’s largest economy is, yet again, gaining momentum.

Top highlights that captured Ebury’s 2024 growth story. We expanded to new markets and hit new milestones — thanks to the trust and ongoing support of our global customers and partners, who inspire us to think and do bigger each year.

The holiday period, and the first few trading sessions of 2025, brought no respite for the FX market from the main themes of late-2024.

The ECB meeting last week went mostly according to the script, with a 25bp cut and significant downward revisions to the bank’s view on Euro Area economic growth.

In this article, we present a structured approach to assist fund managers when acquiring assets denominated in a currency other than the fund’s base currency to evaluate their Foreign Exchange (FX) exposure and assess if and how to manage its currency risk.

G10 currencies all traded in a holding pattern last week, as investors await the December meetings of the key central banks, including the ECB this week and the Federal Reserve and the BoE the next one.

The blog discusses the approach funds with assets denominated in currencies different from their base currency take to hedge Foreign Exchange (FX) risk related to fund exits. It highlights why EUR private funds with USD assets are moving from rolling short-dated forwards to longer-dated FX hedging.

The so-called Trump trade suffered a meaningful reversal last week. US Treasury yields retreated, possibly on relief that US inflation data came out largely as expected.