Welcome to the Ebury® Blog
Expert market insight and updates to help you navigate the ever changing global currency markets
The profitability of an e-commerce business is crucial for its success. While revenue is essential, it is the profit that keeps the business afloat. It is important to stay agile, monitor your costs and design a sound financial plan to predict your cash flows and achieve your business goals. In this detailed blog, we will discuss strategies that can help improve the profitability of an online business.
The Federal Reserve and the ECB both followed their script closely, hiking 25bp. The former suggested that it would like to pause at the June meeting but needs to see lower inflation. The latter is not yet done in this cycle. Both remain very data dependent and implied that any forward guidance is of limited use for now. The dollar sold off on the news, modestly against European currencies, more sharply against those of commodity exporting prices. Recent ranges against the euro and the pound continue to hold, however.