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Expert market insight and updates to help you navigate the ever changing global currency markets

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Sterling falls after Bank of England hints at a further interest rate cut

Meeting minutes left the door open to further stimulus later in the year, with a ‘majority’ of members expected to support a cut in the benchmark rate.

Matthew Ryan CFA
15 September 2016
Bank of England meets today for first time since interest rate cut

The MPC will release its interest rate decision and meeting minutes at midday UK time today, with policymakers likely to stress the need to wait for further economic data.

Matthew Ryan CFA
14 September 2016
Poor inflation data sends Sterling plunging to two-week low

Disappointing inflation figures sent Sterling 0.9% lower against both the US Dollar and the Euro. The news heaps pressure on the Bank of England.

Matthew Ryan CFA
13 September 2016
Sterling edges higher ahead of Thursday’s Bank of England meeting

Thursday’s Bank of England meeting is undoubtedly the main event in the UK this week. The interest rate announcement and statement will be released at midday

Matthew Ryan CFA
12 September 2016
Ebury ranked 30th in Sunday Times Tech Track 100

Proud to be recognised in the Sunday Times Tech Track 100! This achievement is only possible thanks to our dedicated customer base and our fantastic team!

Claire Hogarth
11 September 2016
Volatile week in currency markets ends with sharp stock market sell-off; G10 currencies fail to break out of recent ranges

A week rich in central bank meetings provided plenty of intraday volatility in currency markets. The Bank of Canada’s dovishness and the rel...

Enrique Díaz-Álvarez
11 September 2016
Draghi disappoints markets by failing to hint at further stimulus

The ECB fell short of expectations by keeping its monetary policy unchanged after a low key press conference from Mario Draghi

Matthew Ryan CFA
8 September 2016
Carney defends BoE interest rate cut, hints at further stimulus

During a grilling by MPs at yesterday’s inflation report hearings in London, Carney claimed the central bank was ‘validated’ in its decision to slash rates.

Matthew Ryan CFA
7 September 2016
Dollar sinks as US service sector suffers its worst month in six years

The US Dollar tanked on Tuesday after a dismal set of service sector data caused investors to fret about the likelihood of a Fed interest rate hike.

Matthew Ryan CFA
6 September 2016
Sterling hits seven week high as fears of UK recession abate

Another impressive UK PMI for August calms concerns that the Brexit vote could lead to an outright recession in the UK for the first time since 2009.

Matthew Ryan CFA
5 September 2016