by Christopher Nye | Jan 22, 2021
The euro has strengthened against both the pound and the dollar. Markets seem unaffected by the European Central Bank’s decision to keep the eurozone interest rates at 0%, as well as their promise to retain the pandemic emergency purchase programme (PEPP). Consumer...
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by Christopher Nye | Jan 22, 2021
Sterling is weaker against both the euro and dollar this morning, but is still at fairly strong levels. This comes as Prime Minister Boris Johnson suggested lockdown may go on longer than spring. However, markets have responded well to President Joe Biden’s assertive...
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by Christopher Nye | Jan 22, 2021
The pound closed yesterday at the highest levels against the greenback since spring 2018 but is slightly weaker this morning amid concerns of an extended lockdown. However, global optimism is increasing as vaccine roll-outs pick up speed and President Joe Biden signs...
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by Christopher Nye | Jan 22, 2021
The dollar has slightly strengthened this morning. Biden begins reversing many of Trump’s controversial policies. So far, he has signed 15 executive actions, including those regarding Covid, climate change and immigration, as he works to move America forward. He is...
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by Christopher Nye | Jan 21, 2021
The dollar is weaker this morning after Biden’s inauguration yesterday due to the promise of increased economic stimulus for the US economy. This has caused investors to opt for riskier assets and away from safe-haven currencies, such as the US dollar. Biden’s...
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