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Expert market insight and updates to help you navigate the ever changing global currency markets
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Ebury secures #1 ranking for GBP/USD on BloombergWe’re particularly proud to claim the #1 spot for GBP/USD - one of the world’s most traded and liquid currency pairs, and among the most fiercely competitive in Bloomberg’s rankings. Securing this top spot is a huge milestone and testament to the quality and depth of our market analysis.

Monetary authorities around are continuing to battle hard to combat the economic risk posed by the coronavirus pandemic.As we mentioned in our afternoon note yesterday, the Bank of England cut interest rates to a record low 0.1%, an unprecedented 15 basis point rate cut, while also ramping up its QE programme by £200bn.

The Bank of England surprised the market again on Thursday, ramping up its stimulus measures as it attempts to allay the impact of the COVID-19 virus on the UK economy.The bank’s main base rates was lowered by another 15 basis points to 0.1% during an emergency meeting, the second such meeting in just over a week.


