by Christopher Nye | Feb 23, 2021
Sterling has gained strength this morning as the markets reacted well to the UK government’s cautious but planned roadmap out of lockdown. GBP/EUR has now recovered to well above its highest level since the UK lockdowns began in March 2020. Unemployment fell by 20,000...
read more
by Christopher Nye | Feb 23, 2021
Sterling has continued to rise, climbing half a cent yesterday and this morning against the euro and slightly more against the US dollar. In the UK, Prime Minister Boris Johnson revealed what he claims could be the final countdown to the end of lockdown restrictions,...
read more
by Christopher Nye | Feb 22, 2021
Sterling continues to defy expectations and remains around 2.5% higher than this time last month against both the euro and US dollar. It’s way ahead of CHF and JPY and just keeping a nose in front of the Australian and New Zealand dollars too, over the past month....
read more
by Christopher Nye | Feb 22, 2021
The dollar is still weak against the pound but has edged slightly higher against a basket of currencies this morning. Despite this, global optimism due to vaccine rollouts and economic recovery could mean that the dollar weakens over the coming days and weeks. Federal...
read more
by Christopher Nye | Feb 22, 2021
The euro is looking weak this morning due to pound and dollar strength. The EU’s vaccination progress is also weighing on the single currency, as opposition mounts to the AstraZeneca version in several EU countries. This morning, two ECB officials have called for...
read more
