Welcome to the Ebury Blog
Expert market insight and updates to help you navigate the ever changing global currency markets
7
Jul
Blog|Currency Updates
Solid payroll report halts dollar slide -for now
( Reading time 3 minutes )
Euro crashes to four month lows ahead of Powell testimony. Markets continue to rebound on easing concerns regarding coronavirus.
Concerns surrounding the ongoing coronavirus outbreak in China have dominated the headlines in financial markets in the past few weeks.
US dollar rallies as coronavirus fears abate. Last weeks non-farm payrolls report showed a strong bounce in job creation in the US.
Coronavirus fears ease, US dollar rallies on strong data. A dovish statement from Lagarde and underwhelming retail sales put pressure on the euro.