by Christopher Nye | Jun 8, 2021
The euro has made gains against the pound this morning, despite some poor data results, while weakening marginally against the US dollar. On the data front, yesterday we heard that factory orders in Germany were fractionally down in April by 0.2%, but well below...
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by Christopher Nye | Jun 8, 2021
The pound started the day on a slow roll downwards after the sharp ups and downs of yesterday. Nerviness over the still-hoped-for ending of social distancing on 21 June has been the cause, but reports that “Freedom Day” will be delayed by two weeks following a...
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by Christopher Nye | Jun 8, 2021
It was a nervy start to the week for sterling against the euro, weakening initially, then strengthening by half a cent and ultimately ending up where it began. The afternoon session was more positive against the US dollar, and the pound remains worth more than at...
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by Christopher Nye | Jun 7, 2021
The pound finished last week in a strong position against the euro and the dollar. Despite news that Portugal was taken off of the UK’s green list and no countries were added, the pound reached a 2-month high against the single currency and is the top performing G10...
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by Christopher Nye | Jun 7, 2021
The euro has started the week in a weaker position against the dollar as hints of tapering have supported the greenback. A series of data was released for Europe on Friday, including retail sales for the Eurozone, which showed a 3.1% drop in May month-on-month. France...
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