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The second edition of the Monthly Goods Trade Monitor from Ebury uncovers growing imports of LNG from, and exports of machinery to, Peru as the country becomes increasingly important part of the UK’s global energy strategy.

A significant improvement in market risk sentiment weighed on the US dollar against just about every other currency in the world on Tuesday, while leading to rallies in equities and a sell-off in government bond markets.

Another week of risk asset sell offs had a predictable effect on currency markets.

The relative calm witnessed in markets in the first half of the week was brought to a swift and abrupt end on Thursday.

With the move, the London-based fintech now also offers solutions for international e-commerce transactions in Brazil

Interest rates are going up everywhere, hard and fast, and markets are finding it increasingly difficult to ignore the consequences.

The pound collapsed below the 1.24 mark versus the US dollar on Thursday, its lowest level since mid-2020, after some more muddled communications from the Bank of England.

The US dollar exhibited classic traits of a ‘buy the rumour, sell the fact’ reaction following Wednesday’s FOMC meeting, as we thought might be the case.

Most currencies have traded within relatively narrow ranges during the bank holiday shortened week so far, as investors await major central bank meetings in the coming days.

Expectations are high heading into the May FOMC meeting, which is expected to deliver the Fed’s first 50 basis point interest rate hike in more than two decades.