by Christopher Nye | Feb 3, 2021
Europe’s slow start to the vaccine rollout is weighing on the euro, which is weaker against the pound and dollar this morning. The problems with the EU’s vaccine distribution have raised fears of a ‘double-dip’ recession. European Commission President Ursula von der...
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by Christopher Nye | Feb 3, 2021
The pound reached a new 8 month high against the euro yesterday and is still strong against the euro and the dollar this morning. The UK’s speedy vaccine rollout, which has fuelled hopes of a quicker economic recovery, is supporting the pound. The Bank of England will...
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by Christopher Nye | Feb 3, 2021
The pound is still strong this morning after reaching a fresh 8 month high against the euro yesterday. The UK’s efficient vaccine programme and hopes of swift economic recovery continue to support sterling. It’s a different story in Europe, where a slow start to the...
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by Christopher Nye | Feb 3, 2021
Sterling hits midweek maintaining strength against the euro but weakening by 0.5-1% against the US dollar compared to this time last week. The economic data has been coming thick and fast over the past few days. For the UK it has included the first monthly decline in...
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by Christopher Nye | Feb 2, 2021
The dollar has strengthened against the euro this week, gaining roughly half a cent yesterday as Europe’s vaccine woes continue. It was a broadly positive picture for US data yesterday too, with better than expected results for manufacturing PMI, prices, employment...
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