by Christopher Nye | Apr 21, 2021
After a positive start to the week, the pound is weaker this morning due to a fall in the global markets. Sterling tends to move with market sentiment, meaning that this market decline has been mirrored by the pound. The fall in the global markets has come about due...
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by Christopher Nye | Apr 21, 2021
The pound is slightly weaker this morning due to a fall in the global markets, which has come about because of rising COVID-19 cases in both India and Japan. Despite this, sterling is still trading higher against the euro and dollar than this time last week. A series...
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by Christopher Nye | Apr 21, 2021
After a strong start, sterling has lost some momentum midweek – a pattern we have seen often over the last few weeks. Some concerns over rising global Covid cases have weighed on the pound. Nonetheless, it is still trading 0.5% above this time last week and over 1%...
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by Christopher Nye | Apr 20, 2021
The dollar was the big loser yesterday, weakening to a near-two-month low against the euro. Against the pound, the dollar has weakened to below £0.715 for the first time since February and is close to reaching its lowest point for three years. The most obvious cause...
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by Christopher Nye | Apr 20, 2021
The single currency performed well against the dollar yesterday while being outshone by sterling. It breached 1.20 against the dollar, moving upwards step by step since the start of April and reaching levels not seen since early March. It’s a relatively quiet week for...
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