by Christopher Nye | Jan 21, 2021
The euro is weak against the pound this morning and stronger against the dollar. The European Central Bank will hold their latest monetary policy meeting this afternoon and whilst monetary policy is expected to be left unchanged, the markets will be looking out for...
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by Christopher Nye | Jan 21, 2021
The pound has continued to strengthen against both the euro and the dollar this morning. Yesterday, positive inflation rate data gave sterling a boost and the rally has continued. Market optimism due to a Biden Presidency and the promise of more stimulus in the US has...
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by Christopher Nye | Jan 21, 2021
The pound is still at strong levels against both the euro and the dollar this morning due to general market optimism, positive inflation data and the UK’s vaccine rollout. The promise of economic stimulus relief from the Biden administration has created a more upbeat...
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by Christopher Nye | Jan 20, 2021
The dollar is weaker ahead of Joe Biden’s inauguration today. Comments yesterday from Janet Yellen, Joe Biden’s nominee for Treasury Secretary, pointed towards substantial fiscal spending to help the U.S. economy. In a speech yesterday, Yellen urged Congress to...
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by Christopher Nye | Jan 20, 2021
The euro is strong against the dollar this morning, which has mainly been driven by dollar movements. Data released for Germany and the Eurozone yesterday suggests that the economic sentiment in Europe has improved. The ZEW Indicator of Economic Sentiment for Germany...
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