Dollar struggling against rallying pound

The dollar is weaker this morning as sterling continues to rally. Donald Trump has been acquitted of his second impeachment after the Senate failed to reach a majority. 57 senators voted to convict him, falling 10 short of the required 67 for conviction. Trump called...


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‘Super’ Mario to save euro

The euro is weaker against the pound but strengthening against the dollar this morning. The single currency is stabilising but could be affected by meetings later this week, including from the European Central Bank and the Federal Reserve. Mario Draghi, former ECB...


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Vaccine pace boosts sterling

The pound has reached new highs against both the euro and the dollar this morning as markets are optimistic about the recovery of the UK economy. The government has reached its target of offering a vaccine to the 15 million most vulnerable people in the UK. The next...


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Pound strong as vaccine target reached

The pound is strong this morning as markets are optimistic after the government reached its target of offering a vaccine to the most vulnerable people in the UK. Lockdown appears to be working as infection rates and the R number continues to fall. The latest R number...


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Return to full employment a priority

The dollar has strengthened slightly despite US initial jobless claims being higher than forecast. Markets continue to be optimistic about Biden’s stimulus package. Federal Reserve Chairman Jerome Powell reiterated his dovish stance on prioritising bringing the labour...


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