by Christopher Nye | Jun 4, 2021
The pound has strengthened against the euro this morning but is struggling against the dollar as Covid variants continue to cause some angst. At the latest government meeting regarding international travel, Portugal was removed from the ‘green list’ and no new...
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by Christopher Nye | Jun 4, 2021
It was announced yesterday that Portugal is to be demoted to the ‘amber list’ from Tuesday, and no other countries will be added to the ‘green list’. This came as a shock to the travel and tourism industry, however, Health Secretary Matt Hancock defended the decision...
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by Christopher Nye | Jun 3, 2021
The dollar has edged slightly higher this morning against a basket of currencies ahead of important Non-Farm Payrolls data tomorrow. The Federal Reserve released their latest Beige Book yesterday, which is a report on current economic conditions. It revealed that the...
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by Christopher Nye | Jun 3, 2021
After weakening yesterday after poor retail sales data from Germany, the euro regained some of its strength. In a speech yesterday, ECB President, Christine Lagarde, said that, “strong policy support will continue to provide a bridge over the pandemic and well into...
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by Christopher Nye | Jun 3, 2021
The pound strengthened against the euro throughout the course of yesterday due to new signals that the June 21 reopening could go ahead. Yesterday, Boris Johnson reiterated that the government need to wait a bit longer before analysing the data to make a decision on...
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