Individuelles FX-Risikomanagement, das Ihr Unternehmen vor Wechselkursschwankungen schützt: Zum FX Leitfaden.
-
CH - DE
- Australia - English
- België - Nederlands
- Belgique - Français
- Canada - English
- Česká Republika - Čeština
- Deutschland - Deutsch
- España - Español
- France - Français
- Ελλάδα - Ελληνικά
- Hong Kong - Traditional Chinese
- Hong Kong - English
- Italia - Italiano
- Luxembourg - English
- Nederland - Nederlands
- Polska - Polski
- Portugal - Português
- România - Română
- Schweiz - Deutsch
- Suisse - Français
- United Arab Emirates - English
- United Kingdom - English
Contact our experts
Ebury London
100 Victoria Street
London
SW1E 5JL
+44 (0) 20 3872 6670
[email protected]
Ebury.com
US Dollar buffeted by mixed macroeconomic news
- zurück
- Latest
22 February 2019
The Dollar spent much of yesterday in a holding pattern against the Euro, buffeted in each direction by some mixed macroeconomic data out of the US.
We did, however, get a contrastingly more upbeat services PMI for February, which leapt back to an eight month high 56.2, well above consensus. While a very good sign, the rally it fuelled in the greenback was limited and the US currency ended London trading roughly where it began versus the Euro.
Next up for EUR/USD will be this morning’s Eurozone inflation numbers and a couple of speeches from central bank members from both sides of the Atlantic. The main draw will undoubtedly be an appearance from President of the ECB Mario Draghi at 15:30 GMT. Fed members Clarida and Williams could also shift the US Dollar when they speak later today.
Pound holds firm on hopes of A50 extension
Sterling continues to remain fairly resilient to the threat of a ‘no deal’ Brexit and has spent the past couple of trading sessions above the 1.30 mark against the US Dollar.
The resilience shown in the UK currency is remarkable given that no progress is being made towards forcing a Brexit deal through parliament before the 29th March EU exit date. Theresa May has met with a number of EU leaders this week, predominantly President of the European Commission Jean-Claude Juncker. This has, however, so far failed to yield any form of concessions or compromise and it is likely that May will return to MPs next week with a withdrawal agreement very similar or identical to the one that was shot down so resoundingly in January.
The lack of a negative reaction in the Pound can largely be attributed to the fact that the market is still discounting the possibility of a ‘no deal’. The general consensus appears to believe that cooler heads will prevail and that an extension to Article 50 will be triggered at some point in the next five weeks or so. This, as we have mentioned in the past few weeks, would prove good news for Sterling.
Privacy Overview
Cookie | Duration | Description |
---|---|---|
cookielawinfo-checkbox-advertisement | 1 year | Set by the GDPR Cookie Consent plugin, this cookie is used to record the user consent for the cookies in the "Advertisement" category . |
cookielawinfo-checkbox-analytics | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics". |
cookielawinfo-checkbox-functional | 11 months | The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". |
cookielawinfo-checkbox-necessary | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary". |
cookielawinfo-checkbox-others | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other. |
cookielawinfo-checkbox-performance | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance". |
viewed_cookie_policy | 11 months | The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data. |
Cookie | Duration | Description |
---|---|---|
_ga | 2 years | The _ga cookie, installed by Google Analytics, calculates visitor, session and campaign data and also keeps track of site usage for the site's analytics report. The cookie stores information anonymously and assigns a randomly generated number to recognize unique visitors. |
_ga_VKKLQGLB51 | 2 years | This cookie is installed by Google Analytics. |
_gat_gtag_UA_51187572_40 | 1 minute | This cookie is set by Google and is used to distinguish users. |
_gid | 1 day | Installed by Google Analytics, _gid cookie stores information on how visitors use a website, while also creating an analytics report of the website's performance. Some of the data that are collected include the number of visitors, their source, and the pages they visit anonymously. |
pardot | past | The pardot cookie is set while the visitor is logged in as a Pardot user. The cookie indicates an active session and is not used for tracking. |
Cookie | Duration | Description |
---|---|---|
_lfa | 2 years | This cookie is set by the provider Leadfeeder. This cookie is used for identifying the IP address of devices visiting the website. The cookie collects information such as IP addresses, time spent on website and page requests for the visits.This collected information is used for retargeting of multiple users routing from the same IP address. |