Welcome to the Ebury® Blog
Expert market insight and updates to help you navigate the ever changing global currency markets
22
Jul
Currency Updates
AUD Dips on China GDP | Weekly Update
he soft second quarter GDP report out of China had a disproportionately large bearish impact on the Aussie dollar last week, as is typical given the close economic ties between the two countries.
AUD once again outperformed its New Zealand peers last week, as the dovish RBNZ announcement emphasised the growing rate divergence between the two nations. Australian inflation has continued to surprise to the upside, and investors remain convinced that the Reserve Bank of Australia won’t even begin contemplating cuts until 2025.
Global foreign exchange (FX) and trade finance leader Ebury will become the Manly-Warringah Sea Eagles jersey sponsor for this Saturday’s match against the Warriors at Go Media Stadium in Auckland, New Zealand.
Ebury are pleased to announce a new partnership with ScotPac, Australia and New Zealand’s leading non-bank business lender – aimed at making trading on a global scale faster and more accessible for all businesses.
