by Christopher Nye | Jan 25, 2021
The dollar is weaker this morning due to increased hopes for the introduction of more stimulus measures in the US. Despite expected opposition from Senate Republicans, there are hopes that the $1.9 trillion package will pass through Congress. The Federal Reserve will...
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by Christopher Nye | Jan 25, 2021
The euro is flat against the dollar this morning, despite weakness from the greenback. Several factors are weighing on the single currency at the moment, including concerns over the pace of the vaccine rollout across Europe and fears of new coronavirus strains, which...
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by Christopher Nye | Jan 25, 2021
The pound is strong against the euro and the dollar this morning, trading above key levels. It’s moving in tandem with the stock markets which have risen due to optimism surrounding US stimulus measures, after President Biden was sworn in last week. There will be a...
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by Christopher Nye | Jan 25, 2021
The pound is stronger against both the euro and the dollar this morning after weakening slightly at the end of last week. Improved global market sentiment due to hopes of increased stimulus measures in the US has strengthened the pound. However, coronavirus news and...
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by Christopher Nye | Jan 25, 2021
Against both the US dollar and the euro, sterling starts the week 2 or 3% above the level before the Brexit deal – remember that? – was agreed before Christmas, just four very, very long weeks ago. We might have hoped for more. Bearing in mind both the deal that was...
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