by Christopher Nye | Feb 1, 2021
The euro is softer against the pound and flat against the dollar this week as it awaits a series of economic data this week. This morning German retail sales sank 9.6% month-over-month in December, much worse than market forecasts of a 2.6% drop due to the second...
read more
by Christopher Nye | Feb 1, 2021
The pound is at strong levels against the euro and the dollar this morning ahead of the Bank of England’s latest decision on interest rates this week. After speculation earlier this year, Governor Andrew Bailey has since reduced expectation that rates will move into...
read more
by Christopher Nye | Feb 1, 2021
Sterling is strong against the dollar and the euro this morning ahead of a busy week. The Bank of England will hold its latest monetary policy decision on Thursday. Any comments or plans concerning negative interest rates could affect the pound. President Biden’s...
read more
by Christopher Nye | Jan 29, 2021
The dollar has strengthened against a basket of currencies this morning due to its safe-haven appeal. This has come about due to volatility in the equity markets. Data released for the US yesterday showed that weekly initial jobless claims fell more than expected....
read more
by Christopher Nye | Jan 29, 2021
The euro remains under pressure against the dollar this morning. Sentiment figures for the Eurozone were released yesterday were better than expected overall, but still painted a fairly bleak outlook of the economic situation in Europe at the moment. GDP figures for...
read more
