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The Euro bounced back modestly as markets looked past weak May inflation data for Eurozone, which were released yesterday.

Ebury, one of the fastest growing fintechs for corporate cross-border payments and growth lending, today announced its collaboration with SWIFT gpi.

There was little action in major currency trading today as markets brace for relevant news releases such as Euro inflation later in the week.

Markets continued to focus on political developments rather than economic fundamentals last week, with particular focus on the run-up to the elections

Ebury, one of the fastest growing fintechs for corporate cross-border payments and growth lending, today announced investment from NIBC bank.

The latest poll from YouGov showed the lead for Theresa May’s Conservative Party had been slashed to just 5% over Labour.

The US Dollar dipped after the Federal Reserve released the minutes from its May meeting on Wednesday evening, striking a fairly cautious tone.

The Fed will release the May meeting minutes this evening, with investors looking for clues as to the timing of the next interest rate hike in the US.

The Euro rose to a fresh six month high against the US Dollar on Tuesday morning following comments from Angela Merkel and a robust set of PMIs.

The Dollar fell to a six month low last week, with investors continuing to discount the possibility of fiscal stimulus in the US this year.