by Christopher Nye | Jul 13, 2021
Sterling stayed strong yesterday, maintaining the highs it achieved just before the weekend as the markets got on board with the government strategy of releasing the economy despite the surge in Covid cases. There were no data releases yesterday, but that changes...
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by Christopher Nye | Jul 13, 2021
Despite a brief dip yesterday morning, sterling maintained its position at a four-month high against the euro and a two-week high against the US dollar. The pound was supported by news that the 19 July lifting of restrictions in the UK remains on track. The Prime...
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by Christopher Nye | Jul 12, 2021
Sterling begins the week at its highest point for two weeks against the US dollar and once again trying to break above the narrow range it’s been trading at for the past two months against the euro. Healthwise, Covid-19 is back in the driving seat. Cases in the UK are...
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by Christopher Nye | Jul 12, 2021
The dollar was strong against the pound and weaker against the euro at the end of last week. It softened against a basket of currencies due largely to an increase in risk appetite amongst investors. However, it is looking stronger this morning. There will be some key...
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by Christopher Nye | Jul 12, 2021
The euro strengthened against the dollar at the end of last week following a change of stance from the European Central Bank. It announced that it would tolerate inflation above 2%, which is a shift from its previous target of ‘just below’ 2%. This week, inflation...
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