Welcome to the Ebury® Blog

The US Dollar is on course to end the week lower against its peers following comments from new US Treasury Secretary Steven Mnuchin.

The Euro rebounded from its six week low on Wednesday. Meanwhile the Q4 economic growth in the UK was revised upwards to its highest level since 2014.

The Euro slumped to its weakest position against the Dollar in 5 weeks on Wednesday after another Fed policymaker keeps door open for a rate hike in March.

The Pound enjoyed one of its best day since the start of February on Monday as the House of Lords began its debate on the government’s Brexit bill.

Currency markets appear to be pricing in political risk on both sides of the Atlantic - European elections and news out of the Trump's administration.

The Pound fell across the board this morning after the release of a disappointing set of retail sales figures in the United Kingdom.

The US Dollar dipped against its major peers on Wednesday, despite the release of an impressive set of inflation figures out of the US economy.

Chair of the Federal Reserve Janet Yellen stoked hopes of multiple interest rate hikes in the US this year following her speech on Tuesday.

The Euro retreated to its weakest position against the Dollar since mid-January on Monday, dragged lower amid ongoing political uncertainty in Europe.

Quiescent monetary policy in most Group of Ten countries mean that markets are for now focused on political developments.