Currency Updates

Euro slides on soft PMIs, Pound recovers on retail sales data

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uro slides on soft PMIs, Pound recovers on retail sales data. Multiple Fed members strike dovish tone, 2019 hike very unlikely.

Written by

Matthew Ryan

LATEST

Euro jumps to near one-month high on strong China data. Inflation and retail sales out of the UK this morning disappoint, BoE in no rush to hike.
Matthew Ryan 17 Apr 2019



UK unemployment falls again, inflation numbers eyed. ZEW confidence data out this morning could compound fears of Eurozone recession.
Matthew Ryan 16 Apr 2019



Dollar falls back as emerging market rally grinds on. Brexit deadline extended until the end of October, ensuring the UK’s participation in EU elections.
Enrique Díaz-Álvarez 15 Apr 2019



Euro leaps to more than two-week high on Japan inflows. FOMC member Bullard believes a rate hike in December marks the end of the current cycle.
Matthew Ryan 12 Apr 2019



Sterling unimpressed despite six month Brexit extension. Mixed minutes from Wednesday’s FOMC meeting leave options open for a hike in 2019.
Matthew Ryan 11 Apr 2019



With companies losing an average of 7% of their annual expenditure to online scams, fighting financial fraud is one of Ebury’s key objectives. Our priority is to safeguard your funds, to ensure your peace of mind.
Rosie Sanderson 11 Apr 2019



European Council to rule on May’s Brexit delay request. Draghi to speak after today’s ECB meeting, expectations of significant announcements are low.
Matthew Ryan 10 Apr 2019



Euro finds its feet ahead of European Central Bank meeting. Theresa May has officially asked for a Brexit extension until 30th June, will EU leaders accept?
Matthew Ryan 9 Apr 2019



Emerging market rally continues as investors chase yields. Theresa May opens talks with Corbyn, with a Brexit extension expected.
Enrique Díaz-Álvarez 8 Apr 2019



US-China trade deal edges closer, May asks for Brexit delay. Euro drops lower on growth concerns, with talk of interest rates staying still until Q1 2020.
Matthew Ryan 5 Apr 2019



House of Commons support motion for another Brexit delay. German factory orders fell by the most in nearly 2 years, possibly due to weaker external demand.
Matthew Ryan 4 Apr 2019



Ebury is once again delighted to announce that it has performed well in the latest Bloomberg forecast accuracy rankings.
Matthew Ryan 4 Apr 2019



Hopes of Brexit breakthrough sends Pound sharply higher. Mixed data out has buffeted the Dollar this week, though it seems the US has contracted in Q1 2019.
Matthew Ryan 3 Apr 2019



Sterling falls sharply on renewed Brexit uncertainty; Turkish Lira soars on offshore squeeze. The US payroll report will be published on Friday.
Enrique Díaz-Álvarez 1 Apr 2019



Pound slides as May put Brexit deal to final parliament vote. Weak German inflation data pushed Euro to its worst month since October.
Matthew Ryan 29 Mar 2019